SF 876

as introduced - 90th Legislature (2017 - 2018) Posted on 02/15/2017 10:25am

A bill for an act
relating to capital investment; appropriating money for a combined heat and power
system for the Western Lake Superior Sanitary District; authorizing the sale and
issuance of state bonds.

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

Section 1. new text begin WESTERN LAKE SUPERIOR SANITARY DISTRICT COMBINED
HEAT AND POWER SYSTEM.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $11,575,000 is appropriated from the bond proceeds
fund to the Public Facilities Authority for a grant to the Sanitary Board of the Western Lake
Superior Sanitary District to design, construct, furnish, and equip a combined heat and
power system to capture process heat and generate electricity for use at the Western Lake
Superior Sanitary District wastewater treatment facilities. This appropriation is not available
until the commissioner determines that at least an equal amount is committed to the project
from nonstate sources. Amounts loaned by the Public Facilities Authority to the Western
Lake Superior Sanitary District for this project shall count toward the nonstate match.
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 $11,575,000 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