The bill proposes an appropriation of $3,000,000 from the bond proceeds fund to the Public Facilities Authority for a grant to the city of Henderson. This funding is designated for the design and construction of a new water treatment facility, which will also connect to the existing well and water distribution system.
To facilitate this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $3,000,000, following the procedures outlined in Minnesota Statutes and the Minnesota Constitution. The provisions of this bill will take effect the day after it is enacted.