Redwood Falls Municipal Airport improvements appropriation and bond issuance authorization

This bill authorizes the state to provide $3,386,000 in funding to the city of Redwood Falls for improvements at its municipal airport. The money will be used to rebuild the aircraft parking ramp and parallel taxiway, resurface the runways, and install a stormwater management system. To pay for this grant, the state will issue bonds up to the total amount of $3,386,000. The funding is exempt from certain state laws that typically govern how such grants are awarded. The legislation takes effect immediately upon final passage.