HF 334

as introduced - 81st Legislature (1999 - 2000) Posted on 12/15/2009 12:00am

  1.1                          A bill for an act 
  1.2             relating to appropriations; appropriating money for a 
  1.3             grant and a loan to the city of Tracy for a sewer 
  1.4             separation project to deal with combined sewer 
  1.5             overflow; authorizing state bonds. 
  1.6   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.7      Section 1.  [APPROPRIATION.] 
  1.8      $2,300,000 in fiscal year 2000 is appropriated from the 
  1.9   bond proceeds fund to the pollution control agency for a grant 
  1.10  and a loan to the city of Tracy for a sewer separation project 
  1.11  as a part of the combined sewer overflow program.  The grant 
  1.12  must be for $1,500,000.  The loan must be for $800,000 and must 
  1.13  be on terms comparable to those made to first class cities for 
  1.14  similar projects. 
  1.15     Sec. 2.  [BOND SALE.] 
  1.16     To provide the money appropriated in this act from the bond 
  1.17  proceeds fund, the commissioner of finance, on request of the 
  1.18  governor, shall sell and issue bonds of the state in an amount 
  1.19  up to $2,300,000 in the manner, upon the terms, and with the 
  1.20  effect prescribed by Minnesota Statutes, sections 16A.631 to 
  1.21  16A.675, and by the Minnesota Constitution, article XI, sections 
  1.22  4 to 7. 
  1.23     Sec. 3.  [EFFECTIVE DATE.] 
  1.24     This act is effective the day following its final enactment.