as introduced - 93rd Legislature (2023 - 2024) Posted on 02/28/2023 09:19am
A bill for an act
relating to capital investment; appropriating money for a gravity sewer flow system
and other infrastructure in New Ulm; authorizing the sale and issuance of state
bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$4,021,000 is appropriated from the bond proceeds fund
to the Public Facilities Authority for a grant to the city of New Ulm to design, construct,
and equip capital improvements necessary for completion of a gravity sewer flow system,
replacement of water main, removal of a lift station, and replacement of impacted surface
amenities.
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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 $4,021,000 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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