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HF 3915

as introduced - 89th Legislature (2015 - 2016) Posted on 04/14/2016 12:47pm

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

Bill Text Versions

Engrossments
Introduction Posted on 04/14/2016

Current Version - as introduced

Line numbers 1.1 1.2 1.3 1.4
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1.18

A bill for an act
relating to capital investment; appropriating money for replacement of a sanitary
sewer bridge in Cannon Falls; authorizing the sale and issuance of state bonds.

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

Section 1. new text beginCANNON FALLS; SANITARY SEWER INFRASTRUCTURE.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $800,000 is appropriated from the bond proceeds
fund to the Public Facilities Authority for a grant to the city of Cannon Falls for
replacement of a sanitary sewer bridge, including demolition and removal of the existing
bridge and sewer pipe, and construction and installation of a force main under the Cannon
River bed, pumping station, and associated infrastructure. This appropriation is not
available until the commissioner of management and budget determines that an amount
sufficient has been committed to complete the project 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 $800,000 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