HF 2343

as introduced - 89th Legislature (2015 - 2016) Posted on 05/15/2015 09:17am

A bill for an act
relating to capital improvements; appropriating money for water treatment plants
in Morris and Breckenridge; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin APPROPRIATION.
new text end

new text begin Subdivision 1. new text end

new text begin Morris water treatment plant. new text end

new text begin $7,000,000 is appropriated from the
bond proceeds fund to the Public Facilities Authority for a grant to the city of Morris to
acquire land if necessary, to demolish the existing water treatment plant, and to predesign,
design, construct, furnish, and equip a new water treatment plant. This appropriation is not
available until the commissioner of management and budget determines that an amount
sufficient to complete the project has been committed to the project from nonstate sources.
new text end

new text begin Subd. 2. new text end

new text begin Breckenridge water treatment plant. new text end

new text begin $7,000,000 is appropriated from the
bond proceeds fund to the Public Facilities Authority for a grant to the city of Breckenridge
to acquire land if necessary, to demolish the existing water treatment plant, and to predesign,
design, construct, furnish, and equip a new water treatment plant. This appropriation is not
available until the commissioner of management and budget determines that an amount
sufficient to complete the project has been committed to the project from nonstate sources.
new text end

Sec. 2. new text begin BOND SALE.
new text end

new text begin To provide the money appropriated in section 1 from the bond proceeds fund, the
commissioner of management and budget shall sell and issue bonds of the state in an
amount up to $14,000,000 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

Sec. 3. new text begin EFFECTIVE DATE.
new text end

new text begin Sections 1 and 2 are effective the day following final enactment.
new text end