as introduced - 93rd Legislature (2023 - 2024) Posted on 02/22/2024 02:56pm
Engrossments | ||
---|---|---|
Introduction | Posted on 02/20/2024 |
A bill for an act
relating to capital investment; appropriating money for capital improvements to
water and wastewater infrastructure and street reconstruction in the city of Sacred
Heart; authorizing the sale and issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
new text begin
$3,000,000 is appropriated from the bond proceeds fund
to the Public Facilities Authority for a grant to the city of Sacred Heart to design, construct,
and equip the replacement of aging and failing municipal infrastructure. This appropriation
includes money for improvements to and replacement of the water treatment system,
rehabilitation of the city's water tower, improvements to the wastewater system, and
associated street reconstruction.
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 $3,000,000 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
This section is effective the day following final enactment.
new text end