Purpose

This act creates a capital investment program to fund water and wastewater infrastructure improvements in the city of Lewisville. It provides a grant to Lewisville (administered by the Public Facilities Authority) to support the design, engineering, construction, furnishing, and equipping of upgrades to sewer, stormwater, and the water system, along with related refurbishment of a water tower and reconstruction of nearby roads and sidewalks.

Main Provisions

• Subdivision 1 — Appropriation:

  • Allocates 10,000,000 dollars from the bond proceeds fund.
  • Grants this money to the Public Facilities Authority to fund Lewisville’s water and sewer projects, including:
  • Sewer improvements
  • Stormwater improvements
  • Water tower refurbishment
  • Related road and sidewalk reconstruction linked to the project
  • The grant supports design, engineering, construction, furnishing, and equipping the improvements.

• Subdivision 2 — Bond Sale:

  • Requires the Commissioner of Management and Budget to issue state bonds up to 10,000,000 dollars to provide the appropriated funds.
  • Bonds are issued under the state’s existing bond laws and constitutional provisions (as described in the bill).

Funding and Bonding Details

• Source of funds: Bond proceeds fund.
• Mechanism: Bonds will be sold and issued by the state to provide the specified appropriation.
• Legal framework: Bond issuance must follow Minnesota Statutes sections 16A.631 to 16A.675 and Minnesota Constitution Article XI Sections 4–7.

Conditions for Availability

• The appropriation becomes available only after the Commissioner of Management and Budget determines that an amount sufficient to complete the project has been committed, in accordance with Minnesota Statutes section 16A.502.

Beneficiaries and Administration

• Beneficiary: City of Lewisville.
• Administered by: Public Facilities Authority (as the grant recipient/administrator for the project).

Effects on Existing Law

• Creates a new targeted appropriation and associated bond authorization for Lewisville’s water and wastewater improvements.
• Uses existing bond sale processes and statutory authorities; no broad changes to current law beyond establishing this specific funding and authorization.

Relevant Terms

• Public Facilities Authority
• bond proceeds fund
• grant
• city of Lewisville
• sewer
• stormwater
• water tower refurbishment
• design
• engineer
• construct
• furnish and equip
• reconstruction of roads and sidewalks
• availability (of funds)
• Minnesota Statutes section 16A.502
• Minnesota Statutes sections 16A.631 to 16A.675
• Minnesota Constitution Article XI sections 4 to 7

Relevant Terms - Public Facilities Authority - bond proceeds fund - grant - Lewisville - sewer - stormwater - water tower - reconstruction - design - construction - financing - bond sale - 16A.502 - 16A.631-16A.675 - Constitution Article XI (4-7)