HF 2014

as introduced - 87th Legislature (2011 - 2012) Posted on 01/30/2012 02:06pm

A bill for an act
relating to capital investment; appropriating money for the Redwood County
Material Recovery Facility; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin MPCA CAPITAL ASSISTANCE PROGRAM; REDWOOD COUNTY.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $2,500,000 is appropriated from the bond proceeds
fund to the Pollution Control Agency for a grant to Redwood County under the solid waste
capital assistance grants program in Minnesota Statutes, section 115A.54, to predesign,
design, construct, furnish, and equip the Redwood County Materials Recovery Facility in
order to allow processing of recyclables from other counties. This grant is not available
until the agency determines that an amount sufficient to complete the project is committed
to it from nonstate sources.
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 $2,500,000 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