as introduced - 90th Legislature (2017 - 2018) Posted on 01/20/2017 08:53am
A bill for an act
relating to capital investment; appropriating money for the Koochiching
County-Voyageurs National Park clean water project; authorizing the sale and
issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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(a) $2,000,000 is appropriated from the bond proceeds
fund to the Public Facilities Authority for a grant to Koochiching County to acquire land
or interests in land, and to design, engineer, construct, and equip sanitary sewage systems
and facilities to implement a portion or portions of the Voyageurs National Park clean water
project comprehensive plan. This appropriation is available after the commissioner of
management and budget determines that $4,500,000 is committed to complete the project
from nonstate sources.
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(b) This appropriation is in addition to the appropriation in Laws 2014, chapter 294,
article 1, section 22, subdivision 7. Notwithstanding the match requirement in Laws 2014,
chapter 294, article 1, section 22, subdivision 7, the nonstate match required for this
appropriation and the 2014 appropriation for a grant to Koochiching County is 25 percent
of the state grant amounts. Any money remaining from this appropriation after completion
of the projects in paragraph (a) is available for grants to Koochiching County or St. Louis
County to be used for other projects described in the comprehensive plan.
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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 $2,000,000 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.
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This section is effective the day following final enactment.
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