as introduced - 90th Legislature (2017 - 2018) Posted on 04/07/2017 09:09am
A bill for an act
relating to capital investment; appropriating money for wastewater infrastructure
in the city of Lakefield; authorizing the sale and issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
new text begin
$22,000,000 is appropriated from the bond proceeds
fund to the Public Facilities Authority for a grant to the city of Lakefield under Minnesota
Statutes, section 446A.072, for wastewater infrastructure.
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 $22,000,000 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
new text begin
This section is effective the day following final enactment.
new text end