The bill proposes an appropriation of $17,000,000 from the bond proceeds fund to the Public Facilities Authority for the city of Fulda. This funding is designated for the design and construction of significant improvements to the city's water and sewer infrastructure, which includes upgrades and replacements for the sanitary sewer, stormwater, and drinking water systems. Additionally, the bill outlines the need for enhancements to the wastewater treatment facility, the drinking water treatment and distribution system, the stormwater collection system, and associated street 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 $17,000,000, following the procedures established by Minnesota Statutes and the state constitution. The effective date of this section will be the day after the bill is enacted.