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Minnesota Legislature

Office of the Revisor of Statutes

HF 3472

as introduced - 89th Legislature (2015 - 2016) Posted on 03/23/2016 11:07am

KEY: stricken = removed, old language.
underscored = added, new language.

Current Version - as introduced

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1.6 1.7 1.8 1.9 1.10 1.11 1.12 1.13 1.14 1.15 1.16 1.17
1.18

A bill for an act
relating to capital investment; appropriating money for the city of Winnebago's
northwest area utility improvements; authorizing the sale and issuance of state
bonds.

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

Section 1. new text beginCITY OF WINNEBAGO.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $6,000,000 is appropriated from the bond proceeds
fund to the Public Facilities Authority for a grant to the city of Winnebago to predesign,
design, engineer, and reconstruct the drinking water distribution system and the sanitary
and storm sewer collection systems in the northwest utility improvement area. This
appropriation is not available until the commissioner of management and budget determines
that an amount necessary to complete the project is committed to it from nonstate sources.
new text end

new text begin Subd. 2. new text end

new text begin Bond sale. 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 $6,000,000 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 EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end