Purpose

This bill would fund improvements to Hibbing’s drinking water system using state bonds. It aims to support upgrades to Hibbing’s municipal drinking water distribution system and its water source.

Main Provisions

• Subdivision 1 – Appropriation: The bill would appropriate 12,000,000 from the bond proceeds fund to the Public Facilities Authority as a grant to the Hibbing Public Utilities Commission. The grant is to be used for predesign, design, construction, furnishing, and equipping upgrades to Hibbing’s municipal clean drinking water distribution system and its source of supply.
• Subdivision 2 – Bond Sale: The bill would authorize the sale and issuance of state bonds up to 12,000,000 to finance the appropriation. The bond sale would follow Minnesota law (statutes 16A.631 to 16A.675) and the Minnesota Constitution (Article XI, sections 4 to 7).

Purpose in Plain Terms

• To provide funding (via bonds) for specific improvements to Hibbing’s drinking water infrastructure, including both the distribution system and its water source.

Significant Changes to Existing Law

• Adds a new appropriation of 12,000,000 from the bond proceeds fund.
• Authorizes the state to issue up to 12,000,000 in bonds to finance the appropriation.
• Establishes a grant mechanism from the Public Facilities Authority to Hibbing Public Utilities Commission for the described upgrades.

How Funds Are Used

• For predesign, design, construction, furnishing, and equipping upgrades to Hibbing’s municipal clean drinking water distribution system and its source of supply.

Stakeholders Involved

• Hibbing Public Utilities Commission (the grant recipient for the upgrades)
• Public Facilities Authority (the grant administrator)
• Commissioner of Management and Budget (responsible for issuing the bonds)

Financial Overview (Simplified)

• Amount: 12,000,000
• Source: bond proceeds fund
• Recipient/Grantor Chain: Public Facilities Authority → Hibbing Public Utilities Commission
• Purpose: Upgrades to drinking water distribution system and source of supply
• Financing: State bonds up to 12,000,000, following specified laws and the state constitution

Timeline (Implied)

• Not specified in the text. Bonds would be issued and proceeds used to fund the grant and project activities as authorized and according to standard procedures.

Relevant Terms - Hibbing, Hibbing Public Utilities Commission, Public Facilities Authority, drinking water infrastructure, municipal clean drinking water distribution system, source of supply, grant, predesign, design, construct, furnish, equip, bond proceeds fund, bonds, bond sale, Commissioner of Management and Budget, Minnesota Statutes 16A.631 to 16A.675, Minnesota Constitution Article XI sections 4 to 7