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 in the city.
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. The bonds will be sold 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.