HF 4695

as introduced - 93rd Legislature (2023 - 2024) Posted on 03/07/2024 02:44pm

A bill for an act
relating to capital investment; appropriating money for wastewater treatment
facility improvements in the city of Cold Spring; authorizing the sale and issuance
of state bonds.

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

Section 1. new text begin COLD SPRING; WASTEWATER TREATMENT FACILITY.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $29,861,000 is appropriated from the bond proceeds
fund to the Public Facilities Authority for a grant to the city of Cold Spring to design,
construct, and equip improvements to the city's wastewater treatment facility, including
replacing the existing filter process with an expanded biological nutrient removal activated
sludge process, as well as improvements to the biosolids treatment and management
infrastructure.
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 $29,861,000 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