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SF 3581

as introduced - 91st Legislature (2019 - 2020) Posted on 02/25/2020 09:36am

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

Current Version - as introduced

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A bill for an act
relating to capital investment; appropriating money for wastewater infrastructure
for the city of Foley; authorizing the sale and issuance of state bonds.

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

Section 1. new text beginFOLEY; WASTEWATER INFRASTRUCTURE.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $10,000,000 is appropriated from the bond proceeds
fund to the Public Facilities Authority for a grant to the city of Foley to predesign, design,
construct, and equip wastewater infrastructure improvements. The project includes
decommissioning and dredging of existing wastewater ponds, the construction of a new
approximately 11-mile-long force main, connection to the St. Cloud wastewater system,
and installation of pumps. 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 $10,000,000 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