Purpose

• The bill provides funding to support water and sewer infrastructure improvements and street reconstruction in the city of South Haven. It aims to finance design, construction, and equipment for municipal water distribution, sanitary sewer, and storm sewer systems, as well as the reconstruction of city streets.

Main Provisions

• Subdivision 1 (Appropriation): Appropriates $3,500,000 from the bond proceeds fund to the Public Facilities Authority to grant money to the city of South Haven for designing, constructing, and equipping municipal infrastructure. This includes improvements to and replacement of the water distribution system, sanitary sewer system, storm sewer system, and the reconstruction of city streets.
• Subdivision 2 (Bond Sale): Requires the commissioner of management and budget to sell and issue up to $3,500,000 in state bonds to provide the money appropriated, under the terms and conditions set by Minnesota law and the state constitution.

Funding and Financing

• Source of funds: Bond proceeds fund.
• Finance mechanism: State bonds issued and sold to provide the appropriation.
• Recipient and use: A grant from the Public Facilities Authority to the city of South Haven for the listed infrastructure projects.

Implementation and Oversight

• The Public Facilities Authority administers the grant to the city for the infrastructure work.
• Bond issuance follows existing statutory and constitutional provisions (Minnesota Statutes 16A631-16A675 and Minnesota Constitution Article XI, sections 4-7).

Significant Changes to Existing Law

• No new statutory changes are proposed beyond authorizing this specific appropriation and bond issuance. The bill relies on existing legal frameworks for bond sale and grant administration.

Related Legal Framework (References)

• Minnesota Statutes: 16A631 to 16A675
• Minnesota Constitution: Article XI, sections 4 to 7

Relevant Terms - bond proceeds fund - Public Facilities Authority - grant - city of South Haven - design - construct - equip - water distribution system - sanitary sewer system - storm sewer system - reconstruction - city streets - bonds - Commissioner of Management and Budget - Minnesota Statutes 16A631-16A675 - Minnesota Constitution Article XI sections 4-7