SF 3704

as introduced - 90th Legislature (2017 - 2018) Posted on 03/22/2018 10:06am

A bill for an act
relating to capital investment; appropriating money for the Freeway Closed Landfill;
authorizing the sale and issuance of state bonds.

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

Section 1. new text begin FREEWAY CLOSED LANDFILL.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $52,763,000 is appropriated to the Pollution Control
Agency to design and construct remedial systems, including investigation and protection
of groundwater, and acquire land at the Freeway Landfill and Dump in the city of Burnsville
in accordance with the closed landfill program under Minnesota Statutes, sections 115B.39
to 115B.42. Of this appropriation, $15,000,000 is from the general fund and $37,763,000
is from the bond proceeds fund.
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 $37,763,000 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