Purpose

The bill would authorize the state to fund a local public safety project in Wyoming. Specifically, it would provide funding and the authority to borrow money to build a new facility for Wyoming’s fire and police departments.

Main Provisions

• Appropriation: The bill would appropriate 8,000,000 from the bond proceeds fund to the commissioner of public safety to provide a grant to the city of Wyoming for constructing a public safety facility for its fire and police departments.
• Bond Sale: The bill would require the commissioner of management and budget to sell and issue state bonds up to 8,000,000 to fund the appropriation. This bond issuance would follow existing Minnesota law on bond sales (statutes 16A.631 to 16A.675) and the Minnesota Constitution (Article XI, sections 4 to 7).

What changes the bill makes

• Creates a new funding mechanism for a local public safety project by using state bond proceeds.
• Provides a grant from the state to Wyoming for building a public safety facility, specifically for both fire and police departments.
• Establishes debt authority (bonds) to finance the project in accordance with existing state law and constitutional provisions.

Practical implications

• The state would incur debt through the sale of bonds up to 8,000,000 to fund the project.
• Wyoming would receive a grant to construct the new public safety facility, potentially improving local fire and police services.

Additional context

• The bill was introduced in the capital investment area and would be processed under existing bond-related procedures and requirements.

Relevant Terms - public safety facility - Wyoming - grant - appropriation - bond proceeds fund - bonds - sale and issuance - commissioner of public safety - commissioner of management and budget - fire department - police department - capital investment - Minnesota Statutes 16A.631 to 16A.675 - Minnesota Constitution Article XI, sections 4 to 7