Minnesota SF2444 authorizes a $2.5 million bond issuance for Cohasset's water tower rehabilitation and sewer infrastructure extension.
Minnesota SF2444 appropriates $2.5 million from bond proceeds to the Public Facilities Authority for a grant to the city of Cohasset. The funds will be used to design, construct, and equip the rehabilitation of the city's water tower, extend water, sanitary sewer, and storm sewer infrastructure, and for associated street reconstruction. The commissioner of management and budget will sell and issue state bonds up to $2,500,000, in accordance with Minnesota Statutes and the state Constitution.
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