SF 755

as introduced - 90th Legislature (2017 - 2018) Posted on 02/10/2017 09:03am

A bill for an act
relating to capital investment; appropriating money for a storm water lift station
to control storm water entering Seidl's Lake in South St. Paul; authorizing the sale
and issuance of state bonds.

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

Section 1. new text begin SOUTH ST. PAUL; SEIDL'S LAKE.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $695,000 is appropriated from the bond proceeds fund
to the Board of Water and Soil Resources for a grant to the city of South St. Paul for capital
improvements to improve the water quality of Seidl's Lake. The capital improvements
include design, engineering, construction, and equipping of a storm water lift station to
discharge excess storm water into the city of South St. Paul's storm sewer system to minimize
the fluctuating water levels of the lake. This project would be implemented jointly by the
cities of South St. Paul, Inver Grove Heights, and West St. Paul. This appropriation is
available when the commissioner of management and budget determines that resources
sufficient to complete the project are committed to it, as provided in Minnesota Statutes,
section 16A.502.
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 $695,000 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