The bill proposes a capital investment aimed at improving public infrastructure in the city of Edgerton, Minnesota. It appropriates $35,500,000 from the bond proceeds fund to the Public Facilities Authority for a grant to the city. This funding is designated for the design, construction, and equipping of essential infrastructure projects, including the replacement and rehabilitation of sanitary sewer and drinking water systems, the construction of a new lift station, rehabilitation of water treatment plants, and associated street reconstruction.
Additionally, the bill authorizes the sale and issuance of state bonds by the commissioner of management and budget to raise the necessary funds. The bonds will be issued in an amount up to $35,500,000, following the procedures outlined in Minnesota Statutes and the state constitution. The provisions of this bill will take effect the day after it is enacted.