SF 3006

as introduced - 91st Legislature (2019 - 2020) Posted on 10/30/2020 09:09am

A bill for an act
relating to capital investment; appropriating money for expansion of and upgrades
to the Ramsey/Washington Recycling and Energy facility; authorizing the sale
and issuance of state bonds.

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

Section 1. new text begin RAMSEY/WASHINGTON RECYCLING AND ENERGY.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $21,000,000 is appropriated from the bond proceeds
fund to the commissioner of the Pollution Control Agency for a grant to Ramsey County
to design, construct, furnish, and equip the expansion of and upgrades to the
Ramsey/Washington Recycling and Energy facility, jointly owned by Ramsey and
Washington Counties, located on Red Rock Road in Newport. The project includes
preliminary engineering and engineering, and the acquisition and installation of equipment
to process organics and increase recycling of plastics, cardboard, and metals. This
appropriation is not available until the commissioner of management and budget determines
that at least an equal amount has been committed from nonstate sources to complete the
project.
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 $21,000,000 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

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end