SF 2658

as introduced - 85th Legislature (2007 - 2008) Posted on 12/15/2009 12:00am

A bill for an act
relating to capital improvements; authorizing the sale and issuance of state
bonds; appropriating money for a new steam line from Olmsted Waste-to-Energy
Facility to Rochester Community and Technical College Campus.

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

Section 1. new text begin STEAM LINE EXTENSION TO ROCHESTER COMMUNITY AND
TECHNICAL COLLEGE CAMPUS.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $6,000,000 is appropriated from the bond proceeds
fund for a grant to Olmsted County to design and construct approximately 1.25 miles
of a new steam pipeline from the Olmsted Waste-to-Energy Facility to the Rochester
Community and Technical College Campus, supplying steam heat and cooling from a
renewable energy source. This appropriation is not available until the commissioner has
determined that at least an equal amount has been committed from Olmsted County.
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 act from the bond
proceeds fund, the commissioner of finance shall sell and issue bonds of the state in an
amount up to $6,000,000, 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.
new text end

Sec. 2. new text begin EFFECTIVE DATE.
new text end

new text begin Section 1 is effective the day following final enactment.
new text end