HF 4564

as introduced - 91st Legislature (2019 - 2020) Posted on 04/17/2020 02:06pm

A bill for an act
relating to capital investment; appropriating money for Osseo lift stations;
authorizing the sale and issuance of state bonds.

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

Section 1. new text begin OSSEO; LIFT STATIONS.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $1,330,000 is appropriated from the bond proceeds fund
to the Public Facilities Authority for a grant to the city of Osseo to predesign, design,
construct, and equip the renovation of three lift stations in the city of Osseo, including
replacement of the HVAC systems, replacement of and upgrades to the equipment, and
improvements to ensure the structural soundness of the lift stations. This appropriation does
not require a contribution 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 $1,330,000 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