This bill appropriates $863,000 from the bond proceeds fund to the Public Facilities Authority for a grant to the city of Lake Benton. The funds are designated for the design, engineering, construction, and reconstruction of sanitary sewer, water, and storm sewer infrastructure along the U.S. Highway 75 corridor, coinciding with the highway's reconstruction.
To finance this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $863,000, following the procedures outlined in Minnesota Statutes and the Minnesota Constitution. The bill specifies that it will take effect the day after it is enacted.