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HF 816

as introduced - 91st Legislature (2019 - 2020) Posted on 02/07/2019 02:07pm

KEY: stricken = removed, old language.
underscored = added, new language.
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A bill for an act
relating to capital investment; appropriating money for Lakeville sanitary sewer
lift station; authorizing the sale and issuance of state bonds.

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

Section 1. new text beginSANITARY SEWER LIFT STATION NUMBER 10; LAKEVILLE.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $250,000 is appropriated from the bond proceeds fund
to the commissioner of employment and economic development for a grant to the city of
Lakeville to rehabilitate capital equipment in the Lakeville Sanitary Sewer lift station number
10. This appropriation is not available until the commissioner of management and budget
determines that $250,000 has been committed to 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 $250,000 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