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HF 3597

as introduced - 92nd Legislature (2021 - 2022) Posted on 02/17/2022 02:19pm

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

Current Version - as introduced

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A bill for an act
relating to capital investment; appropriating money for stormwater, wastewater,
and drinking water infrastructure in Silver Lake; authorizing the sale and issuance
of state bonds.

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

Section 1. new text begin SILVER LAKE; STORMWATER, WASTEWATER, AND DRINKING
WATER INFRASTRUCTURE.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $6,000,000 is appropriated from the bond proceeds fund
to the public facilities authority for a grant to the city of Silver Lake to predesign, design,
engineer, construct, and equip stormwater, wastewater, and drinking water infrastructure.
This appropriation includes money for improvements to or replacement of municipal:
wastewater ponds, spray irrigation and sanitary sewer systems, and associated infrastructure;
storm sewer systems and associated infrastructure to better drain areas of the community;
and water main distribution systems and associated infrastructure to provide for improved
water quality, water flow, fire protection and water accountability.
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 $6,000,000 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