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HF 959

as introduced - 91st Legislature (2019 - 2020) Posted on 02/21/2019 05:21pm

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

Bill Text Versions

Engrossments
Introduction Posted on 02/11/2019

Current Version - as introduced

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A bill for an act
relating to capital investment; appropriating money for the Western Lake Superior
Sanitary District; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin WESTERN LAKE SUPERIOR SANITARY DISTRICT.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $5,280,000 is appropriated from the bond proceeds fund
to the Public Facilities Authority for a grant to the Sanitary Board of the Western Lake
Superior Sanitary District to design and construct engine generators as part of the combined
heat and power system to capture process heat and generate electricity for use at the Western
Lake Superior Sanitary District wastewater treatment facilities. This appropriation is not
available until the commissioner determines that at least an equal amount is committed to
the project from nonstate sources. Amounts loaned by the Public Facilities Authority to the
Western Lake Superior Sanitary District for this project shall count toward the nonstate
match.
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 $5,280,000 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