HF 2907

as introduced - 88th Legislature (2013 - 2014) Posted on 03/10/2014 01:15pm

A bill for an act
relating to capital investment; appropriating money for solid waste handling
facilities in Polk and Beltrami Counties; authorizing the sale and issuance of
state bonds.

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

Section 1. new text begin POLK AND BELTRAMI COUNTIES, REGIONAL WASTE,
RECYCLING, AND COMPOST PROJECT.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $12,500,000 is appropriated from the bond
proceeds fund to the Pollution Control Agency for a solid waste capital assistance grant
under Minnesota Statues, section 115A.54, to Polk County to design and construct an
addition and improvements to an existing waste processing and material recovery facility
and an organic solid waste compost facility, and to Beltrami County to design and
construct a waste and recyclable material transfer facility to deliver waste to an existing
waste-to-energy facility. This amount is for approximately 75 percent of the cost of the
transfer station and 50 percent of the cost of the material recovery facility expansion
and improvement and 50 percent of the cost of the organic solid waste compost facility.
This appropriation is not available until the commissioner of management and budget
determines that an amount sufficient to complete the project is committed from nonstate
sources. Additional renewable energy components are not required for this project to
qualify for funding under this section.
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 $12,500,000 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