1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for stormwater, wastewater, 
1.3 	and drinking water infrastructure in Silver Lake; authorizing the sale and issuance 
1.4 	of state bonds.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. SILVER LAKE; STORMWATER, WASTEWATER, AND DRINKING 
1.7 	WATER INFRASTRUCTURE.
 1.8 		Subdivision 1.Appropriation. $16,500,000 is appropriated from the bond proceeds 
1.9 	fund to the public facilities authority for a grant to the city of Silver Lake to predesign, 
1.10 	design, engineer, construct, and equip stormwater, wastewater, and drinking water 
1.11 	infrastructure. This appropriation includes money for improvements to or replacement of 
1.12 	municipal: wastewater ponds, spray irrigation and sanitary sewer systems, and associated 
1.13 	infrastructure; storm sewer systems and associated infrastructure to better drain areas of the 
1.14 	community; and water main distribution systems and associated infrastructure to provide 
1.15 	for improved water quality, water flow, fire protection and water accountability.
1.16 		Subd. 2.Bond sale. To provide the money appropriated in this section from the bond 
1.17 	proceeds fund, the commissioner of management and budget shall sell and issue bonds of 
1.18 	the state in an amount up to $16,500,000 in the manner, upon the terms, and with the effect 
1.19 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.20 	Constitution, article XI, sections 4 to 7.

1.21 	EFFECTIVE DATE. This section is effective the day following final enactment.