as introduced - 93rd Legislature (2023 - 2024) Posted on 06/13/2023 03:29pm
A bill for an act
relating to capital investment; appropriating money for water infrastructure in the
city of Cloquet; authorizing the sale and issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$5,000,000 is appropriated from the bond proceeds fund
to the Public Facilities Authority for a grant to the city of Cloquet to design and construct
capital improvements to the Lake Superior water transmission line from Lake Superior to
the city of Cloquet. This appropriation includes money for electrical infrastructure upgrades
at Pump Station No. 2 and the renovation and repair of the Harris and Wagtskjold Reservoirs.
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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 $5,000,000 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.
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This section is effective the day following final enactment.
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