HF5099

Purpose

This bill provides capital investment funding to support a new water treatment facility in Rosemount. It would grant money to the city through the Public Facilities Authority (PFA) to support predesign, design, construction, furnishing, and equipping of the facility. The funding goal is to support a new water treatment facility for the city.

Main Provisions

• Subdivision 1 – Appropriation: An amount of 50,000,000 is appropriated from the bond proceeds fund to the Public Facilities Authority for a grant to the city of Rosemount. The funds are for predesign, design, construct, furnish, and equip a new water treatment facility.
• Subdivision 2 – Bond sale: The commissioner of management and budget is authorized to sell and issue state bonds up to 50,000,000 to cover the appropriation. This is done under the existing bond sale statutes (Minnesota Statutes sections 16A.631 to 16A.675) and the Minnesota Constitution (article XI sections 4 to 7).

How it changes current law

• Creates a new appropriation and bond-issuance authorization to fund a Rosemount water treatment project. It leverages the Public Facilities Authority and existing bonding laws and constitutional authority to finance the project. No other existing programs or statutes are amended beyond enabling this specific funding and bond sale.

Implementation and entities involved

• Funding source: bond proceeds fund
• administering body: Public Facilities Authority (PFA)
• recipient: city of Rosemount (via a grant)
• financing mechanism: sale and issuance of state bonds up to 50,000,000
• legal framework: Minnesota Statutes 16A.631 to 16A.675 and Minnesota Constitution article XI (sections 4–7)

Significance

• Supports upgrading local water infrastructure in Rosemount.
• Uses prepared steps (predesign, design, construction, furnishing, and equipping) to deliver a complete facility.

Potential considerations

• Timing and process for predesign, design, and construction phases.
• Oversight and reporting requirements tied to the PFA grant and bond-funded project.

Relevant Terms bond proceeds fund Public Facilities Authority grant city of Rosemount predesign design construct furnish equip water treatment facility state bonds Minnesota Statutes 16A.631 to 16A.675 Minnesota Constitution article XI sections 4 to 7 capital investment appropriation Rosemount bond sale Public Facilities Authority (PFA) grant to city