as introduced - 89th Legislature (2015 - 2016) Posted on 03/23/2016 12:57pm
Engrossments | ||
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Introduction | Posted on 03/08/2016 |
A bill for an act
relating to capital investment; appropriating money for wastewater collection and
treatment facilities in Oronoco; authorizing the sale and issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$18,996,000 is appropriated from the bond proceeds
fund to the Public Facilities Authority for a grant to the city of Oronoco to acquire
land, predesign, design, construct, furnish, and equip wastewater treatment facilities in
Oronoco. Notwithstanding Minnesota Statutes, section 16A.86, this appropriation is
available after at least $5,218,000 is committed from nonstate sources for wastewater
treatment facilities and for water supply and distribution improvements in Oronoco.
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To provide the money appropriated in this act from the bond
proceeds fund, the commissioner of management and budget shall sell and issue bonds of
the state in an amount up to $18,996,000 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.
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This section is effective the day following final enactment.
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