Minnesota HF4766 provides $1,000,000 for the rehabilitation of the Spring Park water tower through state bond issuance.
Minnesota HF4766 allocates $1,000,000 from bond proceeds to the Public Facilities Authority for a grant to Spring Park for water tower rehabilitation. The commissioner of management and budget is directed to sell and issue state bonds up to $1,000,000 to fund this appropriation. The bond sale must adhere to the terms outlined in Minnesota Statutes, sections 16A.631 to 16A.675, and the Minnesota Constitution, article XI, sections 4 to 7.
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