as introduced - 89th Legislature (2015 - 2016) Posted on 03/23/2016 11:07am
Engrossments | ||
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Introduction | Posted on 03/23/2016 |
A bill for an act
relating to capital investment; appropriating money for improvements to the
city of Sherburn water treatment plant and storage tower; authorizing the sale
and issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$4,000,000 is appropriated from the bond proceeds
fund to the Public Facilities Authority for a grant to the city of Sherburn to make
improvements to the city water treatment plant and storage tower.
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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 $4,000,000 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.
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This section is effective the day following final enactment.
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