as introduced - 90th Legislature (2017 - 2018) Posted on 03/06/2018 08:46am
A bill for an act
relating to capital investment; appropriating money for improvements to the
wastewater treatment facility and infrastructure in the city of Glencoe; authorizing
the sale and issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$7,000,000 is appropriated from the bond proceeds fund
to the Public Facilities Authority for a grant to the city of Glencoe to design, engineer,
construct, and equip renovation of the municipal wastewater treatment facility and for other
improvements to publicly owned wastewater infrastructure.
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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 $7,000,000 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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