Bill > SF3620

This bill authorizes the state of Minnesota to sell and issue bonds, which are essentially loans that the state takes on, up to a total of $4,851,000 to fund improvements to the clean water infrastructure in the city of Lonsdale. The money generated from selling these bonds will be appropriated, meaning it will be set aside and made available, to the Public Facilities Authority, a state agency that helps finance public projects. This authority will then provide a grant to the city of Lonsdale to be used for the design, construction, furnishing, and equipping of a new water tower and a water main looping project, which involves creating a connected network of water pipes to improve water distribution and reliability. The bill also specifies that the bond sale and issuance will follow existing state laws and constitutional provisions governing such financial activities, and it will take effect immediately after it is officially passed into law.

Budget and Finance

https://www.revisor.mn.gov/bills/94/2026/0/SF/3620/