SF 1174

Introduction - 94th Legislature (2025 - 2026)

Posted on 02/11/2025 11:04 a.m.

A bill for an act
relating to capital investment; appropriating money for the West Central Regional
Water System; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin WEST CENTRAL REGIONAL WATER SYSTEM.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $9,700,000 is appropriated from the bond proceeds fund
to the Public Facilities Authority for a grant to Norman County, Clay County, Polk County,
all three counties, or any combination of two of the three counties, to acquire land or interests
in land, and to predesign, design, engineer, and construct facilities and infrastructure
necessary to complete Phase 1 of the West Central Regional Water System project, including
a trunk transmission pipeline and associated water infrastructure to transport potable water
to cities in Norman County, Clay County, Polk County, all three counties, or any combination
of two of the counties.
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 $9,700,000 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