Appropriates $500,000 for the city of Kennedy to predesign, engineer, and construct underground water storage tanks.
The bill allocates $500,000 from the bond proceeds fund to the Public Facilities Authority for a grant to the city of Kennedy. This funding is intended to predesign, engineer, and construct replacement underground water storage tanks. The commissioner of management and budget is authorized to sell and issue state bonds up to $500,000 to provide the appropriated funds, following the terms and conditions outlined in Minnesota Statutes, sections 16A.631 to 16A.675, and the Minnesota Constitution, article XI, sections 4 to 7.
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