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

1.5 	Section 1. LAKETOWN TOWNSHIP; WASTEWATER INFRASTRUCTURE.
 1.6 		Subdivision 1.Appropriation. $11,000,000 is appropriated from the bond proceeds 
1.7 	fund to the Public Facilities Authority for a grant to Laketown Township to design, construct, 
1.8 	and equip replacement of sanitary sewer infrastructure, including septic tanks, sewer main, 
1.9 	service lines from septic tanks to the main sewer line, and lift stations, necessary for 
1.10 	replacement of the township's existing wastewater collection system. This appropriation 
1.11 	includes money for demolition and removal of existing sanitary sewer infrastructure and 
1.12 	for street restoration and other improvements necessary for completion of the project.
1.13 		Subd. 2.Bond sale. To provide the money appropriated in this section from the bond 
1.14 	proceeds fund, the commissioner of management and budget shall sell and issue bonds of 
1.15 	the state in an amount up to $11,000,000 in the manner, upon the terms, and with the effect 
1.16 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.17 	Constitution, article XI, sections 4 to 7.

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