Purpose

This bill provides funding for improvements to the Greenfield wastewater treatment facility. It authorizes a grant to the city of Greenfield to design, construct, and equip upgrades to aging and failing infrastructure at the facility, with the goals of addressing safety issues and ensuring ongoing operations.

Main Provisions

• Subdivision 1 – Appropriation:

  • Allocates 5,400,000 from the bond proceeds fund to the Public Facilities Authority.
  • The funds are for a grant to the city of Greenfield to design, construct, and equip rehabilitation and replacement of aging and failing infrastructure at the Greenfield wastewater treatment facility.
  • The project aims to address safety concerns and ensure ongoing operations of the facility.

• Subdivision 2 – Bond sale:

  • Requires the commissioner of management and budget to sell and issue state bonds up to 5,400,000 to fund the appropriation.
  • Bonds are issued under the terms specified by Minnesota law (Minnesota Statutes sections 16A.631 to 16A.675) and the Minnesota Constitution (Article XI, sections 4 to 7).

What the bill seeks to accomplish

• Provide targeted funding to modernize and replace aging wastewater infrastructure in Greenfield.
• Ensure safe operation of the facility and prevent disruptions to wastewater service.

Significant Changes to Existing Law

• Introduces a new, specific capital investment project funded by state bond sales.
• Establishes a grant from the Public Facilities Authority to the city of Greenfield for wastewater facility improvements, with the project financed through bond proceeds.
• Applies existing bond issuance rules and constitutional authority to this project, creating future debt service obligations tied to the approved bonds.

Practical Implications

• The state would incur debt through the sale of bonds to fund the grant.
• The city of Greenfield would receive a grant to undertake design, construction, and equipment purchases for the wastewater facility upgrades.
• The project is expected to enhance safety and ensure the continued operation of the facility.

Relevant Terms - 5,400,000 (five million four hundred thousand) - bond proceeds fund - Public Facilities Authority - grant - city of Greenfield - wastewater treatment facility - rehabilitation and replacement - aging and failing infrastructure - safety issues - ongoing operations - design, construct, and equip - bond sale / sale and issue bonds - Minnesota Statutes 16A.631 to 16A.675 - Minnesota Constitution Article XI sections 4 to 7