SF 1566

as introduced - 87th Legislature (2011 - 2012) Posted on 03/01/2012 12:27pm

A bill for an act
relating to capital investment; appropriating money for a waste transfer facility in
Becker County; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin BECKER COUNTY.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $1,956,000 is appropriated from the bond proceeds
fund to the Pollution Control Agency for a solid waste capital assistance grant under
Minnesota Statutes, section 115A.54, to Becker County to design and construct a waste
transfer facility and a material recovery facility. This amount includes 75 percent of the
cost of the transfer station and 50 percent of the cost of a material recovery facility. This
grant is not available until the agency determines that an amount sufficient to complete the
project is committed 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 $1,956,000 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