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SF 3493

as introduced - 91st Legislature (2019 - 2020) Posted on 02/25/2020 08:25am

KEY: stricken = removed, old language.
underscored = added, new language.

Current Version - as introduced

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1.17

A bill for an act
relating to capital investment; appropriating money for a wastewater treatment
and collection system in Silver Creek Township; authorizing the sale and issuance
of state bonds.

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

Section 1. new text beginSILVER CREEK; WASTEWATER TREATMENT AND COLLECTION.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $12,000,000 is appropriated from the bond proceeds
fund to the Public Facilities Authority for a grant to the town of Silver Creek to predesign,
design, and construct a publicly owned wastewater collection and treatment system to replace
private septic systems along the shore of Lake Superior, from the Silver Creek Tunnel to
the Two Harbors city limits.
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 $12,000,000 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