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HF 2702

as introduced - 89th Legislature (2015 - 2016) Posted on 03/10/2016 03:01pm

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

Bill Text Versions

Engrossments
Introduction Posted on 03/08/2016

Current Version - as introduced

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

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

Section 1. new text begin SEWER AND WATER INFRASTRUCTURE; SIREN; CITY OF
PEASE.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin (a) $1,975,000 is appropriated from the bond
proceeds fund to the public facilities authority for a grant to the city of Pease to design,
construct, furnish, and equip a water tower, replacement water main, extension of sewer
and water service to city residents, and other capital improvements to publicly owned
water and sewer infrastructure.
new text end

new text begin (b) $25,000 is appropriated to the commissioner of public safety for a grant to the
city of Pease to purchase and install an emergency alert system siren.
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 $1,975,000 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