SF 2120

as introduced - 83rd Legislature (2003 - 2004) Posted on 12/15/2009 12:00am

  1.1                          A bill for an act 
  1.2             relating to capital improvements; authorizing the 
  1.3             issuance of state bonds; appropriating money for a 
  1.4             water treatment facility in Burnsville. 
  1.5   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.6      Section 1.  [APPROPRIATION.] 
  1.7      $6,000,000 is appropriated from the bond proceeds fund to 
  1.8   the public facilities authority for a grant to the city of 
  1.9   Burnsville to design, construct, furnish, and equip a water 
  1.10  treatment facility that will provide an additional potable water 
  1.11  source for the city of Burnsville using water from the 
  1.12  Burnsville quarry.  This appropriation is not available until 
  1.13  the commissioner of finance has determined that at least 
  1.14  $6,000,000 is available in matching funds from nonstate 
  1.15  sources.  Amounts spent since January 1, 2002, to plan, design, 
  1.16  and construct this project may be counted as part of the 
  1.17  nonstate match. 
  1.18     Sec. 2.  [BOND SALE.] 
  1.19     To provide the money appropriated in this act from the bond 
  1.20  proceeds fund, the commissioner of finance shall sell and issue 
  1.21  bonds of the state in an amount up to $6,000,000 in the manner, 
  1.22  upon the terms, and with the effect prescribed by Minnesota 
  1.23  Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
  1.24  Constitution, article XI, sections 4 to 7. 
  1.25     Sec. 3.  [EFFECTIVE DATE.] 
  2.1      Sections 1 and 2 are effective the day following final 
  2.2   enactment.