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HF 2989

as introduced - 92nd Legislature (2021 - 2022) Posted on 02/01/2022 11:12am

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

Current Version - as introduced

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1.18

A bill for an act
relating to capital investment; appropriating money for refurbishment of a filter
plant media tank in the city of Westbrook; authorizing the sale and issuance of
state bonds.

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

Section 1. new text begin WESTBROOK; FILTER PLANT MEDIA TANK.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $500,000 is appropriated from the bond proceeds fund
to the Public Facilities Authority for a grant to the city of Westbrook to design, construct,
engineer, and equip the refurbishment of the filter plant media tank. This appropriation is
available after the commissioner of management and budget determines that an amount
sufficient to complete the project has been committed to the project, as required by 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 $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