This bill appropriates $5,000,000 from the bond proceeds fund to the Public Facilities Authority for a grant to the city of Waconia. The funds are designated for the acquisition of land, as well as the design, construction, and equipping of a new water treatment facility aimed at increasing safe drinking water capacity for the residents of Waconia.
Additionally, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $5,000,000 to provide the necessary funding. 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.