as introduced - 90th Legislature (2017 - 2018) Posted on 03/08/2018 05:53pm
A bill for an act relating to waters; providing for supplemental grants for wastewater infrastructure projects; requiring a report; appropriating money;amending Minnesota Statutes 2017 Supplement, section 446A.073, by adding a subdivision; proposing coding for new law in Minnesota Statutes, chapter 446A.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Minnesota Statutes 2017 Supplement, section 446A.073, is amended by adding a subdivision to read:
(a) For purposes of this subdivision:
(1) "total project costs" means total costs associated with building, operating, and maintaining the wastewater system, including existing wastewater debt service, debt service costs for the proposed project, and operation and maintenance costs; and
(2) "metropolitan area" has the meaning given under section 473.121, subdivision 2.
(b) Notwithstanding subdivision 1, if the combined total of grant amounts awarded to a governmental unit under this section, section 446A.072, and any other state or federal grant program for a single project is less than an amount listed under clause (1) or (2), the grant amount awarded under this section must be increased so that the combined total is at least the greater of:
(1) 50 percent of the total project costs; or
(2) the amount needed to reduce the annual cost per household for the wastewater system in the project service area to no more than twice the annual Twin Cities metropolitan area weighted average retail charge per household as determined in the most recent Survey of Municipal Residential Wastewater Rates prepared by Metropolitan Council Environmental Services.
By February 1 each year, the Public Facilities Authority must submit to the legislative committees with jurisdiction over capital investment and environment and natural resources finance an estimate of the amount necessary to fund grants under sections 446A.072 and 446A.073, subdivisions 4 and 6.
$....... is appropriated from the bond proceeds fund to the Public Facilities Authority for supplemental grants under Minnesota Statutes, section 446A.073, subdivision 6.
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 $....... 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.
This section is effective the day following final enactment.