HF 1183

as introduced - 87th Legislature (2011 - 2012) Posted on 03/17/2011 09:42am

A bill for an act
relating to capital improvements; appropriating money to the Central Iron Range
Sanitary Sewer District for a wastewater treatment plant and sewer system
improvements; authorizing the sale of state bonds.

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

Section 1. new text begin CENTRAL IRON RANGE SANITARY SEWER DISTRICT.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $10,000,000 is appropriated from the bond proceeds
fund to the commissioner of employment and economic development for a grant to the
Central Iron Range Sanitary Sewer District to predesign, design, construct, furnish, and
equip a new wastewater treatment plant and sewer system improvements.
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 subdivision 1 from
the bond proceeds fund, the commissioner of management and budget shall sell and
issue bonds of the state in an amount up to $10,000,000 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