HF 3872

as introduced - 89th Legislature (2015 - 2016) Posted on 04/11/2016 04:37pm

A bill for an act
relating to capital investment; appropriating money for wastewater treatment
improvements to serve Keewatin; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin WASTEWATER INFRASTRUCTURE IMPROVEMENTS;
KEEWATIN.
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 Keewatin for demolition
of a wastewater treatment facility and construction of new wastewater treatment ponds
in the city of Nashwauk, and for wastewater infrastructure to connect the wastewater
collection system in Keewatin to the newly constructed wastewater treatment ponds in the
city of Nashwauk. This appropriation is not available until at least an equal amount is
committed 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