Minnesota SF524 proposes a $5,000,000 bond issue to fund a new drinking water system for the East Range Water System and its member communities.

Minnesota SF524 allocates $5,000,000 from bond proceeds to the Public Facilities Authority for a grant to the East Range Water Board. This grant will be used to acquire property and construct, furnish, and equip a new drinking water system for the East Range Water System and its member communities. The bill also authorizes the sale and issuance of state bonds up to $5,000,000 to provide the necessary funds. This appropriation and bond issuance are governed by Minnesota Statutes, sections 16A.631 to 16A.675, and the Minnesota Constitution, article XI, sections 4 to 7.

Minnesota SF524 proposes a $5,000,000 bond issue to fund a new drinking water system for the East Range Water System and its member communities.

Minnesota SF524 allocates $5,000,000 from bond proceeds to the Public Facilities Authority for a grant to the East Range Water Board. This grant will be used to acquire property and construct, furnish, and equip a new drinking water system for the East Range Water System and its member communities. The bill also authorizes the sale and issuance of state bonds up to $5,000,000 to provide the necessary funds. This appropriation and bond issuance are governed by Minnesota Statutes, sections 16A.631 to 16A.675, and the Minnesota Constitution, article XI, sections 4 to 7.