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Minnesota Legislature

Office of the Revisor of Statutes

HF 322

as introduced - 91st Legislature (2019 - 2020) Posted on 03/28/2019 05:03pm

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

Current Version - as introduced

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A bill for an act
relating to capital investment; appropriating money for a wastewater collection
and treatment system for the city of Randolph; authorizing the sale and issuance
of state bonds.

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

Section 1. new text beginWASTEWATER COLLECTION AND TREATMENT; RANDOLPH.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $4,900,000 is appropriated from the bond proceeds fund
to the Public Facilities Authority for a grant to the city of Randolph to acquire land, predesign,
design, construct, install, furnish, and equip a wastewater collection and treatment system,
including water stabilization ponds, in and within one-half mile of the city of Randolph.
Notwithstanding Minnesota Statutes, section 16A.86, this appropriation is available when
$2,420,000 of nonstate funds, including $500,000 from Dakota County, is committed to
the project.
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 $4,900,000 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