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HF 4590

as introduced - 91st Legislature (2019 - 2020) Posted on 04/28/2020 11:03am

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 regional wastewater system
infrastructure; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin REGIONAL WASTEWATER SYSTEM INFRASTRUCTURE;
ORONOCO.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $1,200,000 is appropriated from the bond proceeds fund
to the Public Facilities Authority for a grant to the city of Oronoco to acquire land and
easements, design, and engineer a wastewater collection, conveyance, and treatment system
and associated water distribution improvements to serve the city of Oronoco and the region
including the Oronoco Estates Manufactured Home Community. This appropriation does
not require a nonstate match. Any amount remaining after completion of design, engineering,
and acquisition may be applied to the purposes described in subdivision 2.
new text end

new text begin Subd. 2. new text end

new text begin Appropriation. new text end

new text begin $19,184,000 is appropriated from the bond proceeds fund to
the Public Facilities Authority for a grant to the city of Oronoco to construct and provide
construction-related engineering for a wastewater collection, conveyance, and treatment
system and associated water distribution improvements to serve the city of Oronoco and
the region including the Oronoco Estates Manufactured Home Community. This
appropriation does not require a nonstate match.
new text end

new text begin Subd. 3. 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 $20,384,000 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