HF 779

as introduced - 90th Legislature (2017 - 2018) Posted on 02/02/2017 01:27pm

A bill for an act
relating to capital investment; appropriating money for wastewater infrastructure
improvements in East Grand Forks; authorizing the sale and issuance of state
bonds.

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

Section 1. new text begin WASTEWATER INFRASTRUCTURE; EAST GRAND FORKS.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $5,300,000 is appropriated from the bond proceeds fund
to the Public Facilities Authority for a grant to East Grand Forks to design and construct
wastewater infrastructure improvements interconnecting the wastewater system of East
Grand Forks to the wastewater treatment system in Grand Forks, North Dakota. This
appropriation may not be used for improvements outside the state. This appropriation is in
addition to grants under Minnesota Statutes, section 446A.072. A nonstate match is not
required.
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 $5,300,000 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