Minnesota HF584 allocates $3.5 million for utility extensions and upgrades in Proctor, funded by state bonds.
Minnesota HF584 provides $3.5 million from the bond proceeds fund to the city of Proctor for water, sewer, and electric utility extensions and replacements along Interstate Highway 35. The funding does not require a nonstate match. The bill authorizes the sale and issuance of state bonds up to $3.5 million to cover this appropriation. The bond sale is governed by Minnesota Statutes, sections 16A.631 to 16A.675, and the Minnesota Constitution, article XI, sections 4 to 7.
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