HF 2643

as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am

A bill for an act
relating to capital improvements; appropriating money for connections to the
Lewis and Clark Rural Water System; authorizing 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 $3,282,000 is appropriated from the bond proceeds fund to the Public Facilities
Authority for grants to the city of Luverne, city of Worthington Public Utilities,
Lincoln-Pipestone Rural Water System, and Rock County Rural Water System to acquire
land, predesign, design, construct, furnish, and equip one or more water transmission and
storage facilities to accommodate the connection with the Lewis and Clark Rural Water
System, Inc., that will serve southwestern Minnesota.
new text end

new text begin The grants must be awarded to projects approved by the Lewis and Clark Joint
Powers Board.
new text end

new text begin This appropriation is available only to the extent matched by at least $1 of local
money paid to the Lewis and Clark Rural Water System, Inc., for each $1 of state money
to be used to reimburse costs incurred on eligible projects.
new text end

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

new text begin To provide the money appropriated in this act from the bond proceeds fund, the
commissioner of finance shall sell and issue bonds of the state in an amount up to
$3,282,000 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 This act is effective the day following final enactment.
new text end