City of Kennedy water storage tanks bond issue and appropriation

This bill appropriates $734,000 from state bond proceeds to fund the replacement of water storage tanks in the city of Kennedy. The funds will cover predesign, design, engineering, and construction costs for the project. The state will sell bonds up to this amount to raise the money, as authorized under Minnesota law. The city of Kennedy directly benefits as the recipient of the grant. The bill takes effect the day after final enactment.