The bill appropriates $1,750,000 from the bond proceeds fund to the Public Facilities Authority for a grant to the city of Red Wing. This funding is designated for the design and construction of improvements to the city's drinking water system at Sorin's Bluff Reservoir. The improvements include renovating the concrete water storage facility, demolishing an existing water booster station, and constructing a new water booster station.
To finance this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $1,750,000. The bond issuance 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.