SF 2240

Introduction - 89th Legislature (2015 - 2016)

Posted on 03/16/2016 03:31 p.m.

A bill for an act
relating to capital investment; appropriating money for water infrastructure in
the city of Carlton and in the Carlton/Twin Lakes Regional Water District;
authorizing the issuance of state bonds.

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

Section 1. new text begin WATER INFRASTRUCTURE EXPANSION AND IMPROVEMENTS;
CITY OF CARLTON AND CARLTON/TWIN LAKES REGIONAL WATER
DISTRICT.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $8,000,000 is appropriated from the bond proceeds
fund to the Public Facilities Authority for a grant to the Carlton/Twin Lakes Regional
Water District for the design and construction of a water distribution system, support
facilities, and related water improvements, including a water main extension from the city
of Carlton along marked Trunk Highway 210 in Carlton County.
new text end

new text begin Subd. 2. new text end

new text begin Appropriation. new text end

new text begin $2,000,000 is appropriated to the Public Facilities
Authority for a grant to the city of Carlton for construction of improvements to its water
treatment and water supply facilities.
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 act from the bond
proceeds fund, the commissioner of management and budget shall sell and issue bonds of
the state in an amount up to $10,000,000 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