City of Holdingford lift station replacement bond issuance and appropriation

SF 112 authorizes the state of Minnesota to issue up to $1,000,000 in bonds to fund the replacement of a wastewater lift station in the City of Holdingford. The bill appropriates $1 million from the bond proceeds fund to the Public Facilities Authority, which will provide a grant to Holdingford for designing, constructing, and equipping a new primary lift station. The state would sell the bonds under Minnesota law to cover this specific infrastructure project. This bill directly affects the City of Holdingford by providing state funding for a local wastewater system upgrade.