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HF 247

as introduced - 92nd Legislature (2021 - 2022) Posted on 01/21/2021 01:02pm

KEY: stricken = removed, old language.
underscored = added, new language.

Current Version - as introduced

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1.16

A bill for an act
relating to capital investment; appropriating money to the city of Tonka Bay for
water main replacement; authorizing the sale and issuance of state bonds.

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

Section 1. new text beginCITY OF TONKA BAY; WATER MAIN REPLACEMENT.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $1,500,000 is appropriated from the bond proceeds fund
to the city of Tonka Bay to design, engineer, and construct a replacement water main and
related public infrastructure on County State-Aid Highway 19 (Manitou Road). This
appropriation is not available until the commissioner of management and budget determines
that at least an equal amount is committed to the project from nonstate sources.
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 $1,500,000 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