The bill appropriates $2,500,000 from the bond proceeds fund to the Public Facilities Authority for a grant to the city of Richfield. This funding is designated for the construction of a water main that will connect the municipal water systems of Richfield and Minneapolis, specifically under marked Trunk Highway 62 along 5th Avenue South. The project aims to provide Richfield with a secondary source of potable water to ensure continuity in the event of disruptions to its existing water treatment and distribution system. The appropriation also covers costs related to right-of-way and easement acquisition, as well as the construction of necessary infrastructure.
Additionally, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $2,500,000 to fund the appropriation. The bond sale will be conducted in accordance with the relevant Minnesota Statutes and the Minnesota Constitution. The provisions of this bill will take effect the day following its final enactment.