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HF 3748

as introduced - 93rd Legislature (2023 - 2024) Posted on 02/13/2024 03:51pm

KEY: stricken = removed, old language.
underscored = added, new language.

Current Version - as introduced

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1.17

A bill for an act
relating to capital investment; appropriating money for water infrastructure
improvements in the city of Kandiyohi; authorizing the sale and issuance of state
bonds.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. new text begin KANDIYOHI; WATER INFRASTRUCTURE.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $5,640,000 is appropriated from the bond proceeds fund
to the Public Facilities Authority for a grant to the city of Kandiyohi to design, construct,
and equip water infrastructure improvements. This appropriation includes money for a new
water tower and two new wells and a water treatment facility to address high levels of iron,
manganese, and hardness.
new text end

new text begin Subd. 2. new text end

new text begin Bond sale. new text end

new text begin To provide the money appropriated in this section from the bond
proceeds fund, the commissioner of management and budget shall sell and issue bonds of
the state in an amount up to $5,640,000 in the manner, upon the terms, and with the effect
prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota
Constitution, article XI, sections 4 to 7.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end