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SF 4178

as introduced - 91st Legislature (2019 - 2020) Posted on 11/03/2020 02:30pm

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 new wells and water tower
improvements in South Haven; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin SOUTH HAVEN; WATER IMPROVEMENTS.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $1,700,050 is appropriated from the bond proceeds fund
to the Public Facilities Authority for a grant to the city of South Haven to acquire land,
predesign, design, construct, furnish, and equip two new wells in Wright County. This
appropriation does not require a nonstate match.
new text end

new text begin Subd. 2. new text end

new text begin Appropriation. new text end

new text begin $350,000 in fiscal year 2021 is appropriated from the general
fund to the Public Facilities Authority for a grant to the city of South Haven for sandblasting
and repainting a water tower in South Haven. This appropriation is onetime and is available
until the project is completed or abandoned, subject to Minnesota Statutes, section 16A.642.
new text end

new text begin Subd. 3. 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 $1,700,050 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