This bill appropriates $5,700,000 from the bond proceeds fund to the Public Facilities Authority for a grant to the city of St. Joseph. The funds are designated for acquiring property and for the predesign, design, construction, and equipping of improvements necessary to expand the city's wastewater collection system and related infrastructure, aimed at supporting economic development and workforce housing.
Additionally, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $5,700,000 to provide the necessary funding. The bond sale will be conducted in accordance with the relevant Minnesota Statutes and the state constitution. The provisions of this bill will take effect the day following its final enactment.