1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for water and sewer 
1.3 	infrastructure in New Auburn and Silver Lake; authorizing the sale and issuance 
1.4 	of state bonds.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. NEW AUBURN; SILVER LAKE; WATER AND SEWER 
1.7 	INFRASTRUCTURE.
 1.8 		Subdivision 1.Appropriation. (a) $25,000,000 is appropriated from the bond proceeds 
1.9 	fund to the Public Facilities Authority for the purposes of this section.
1.10 	(b) $10,000,000 of this appropriation is for a grant to the city of New Auburn to predesign, 
1.11 	design, construct, and equip a new water treatment facility, system, and related infrastructure 
1.12 	necessary to provide clean drinking water for residents, as well as reconstruction, upgrades, 
1.13 	and expansion of the city's wastewater treatment ponds and associated infrastructure, and 
1.14 	the city's storm water collection system.
1.15 	(c) $15,000,000 of this appropriation is for a grant to the city of Silver Lake to predesign, 
1.16 	design, construct, and equip a new water treatment facility, system, and related infrastructure 
1.17 	necessary to provide clean drinking water for residents, as well as reconstruction, upgrades, 
1.18 	and expansion of the city's wastewater treatment ponds and associated infrastructure, and 
1.19 	the city's storm water collection system. This appropriation includes money for replacement 
1.20 	of an obsolete water tower with a new standpipe storage unit and pump station.
1.21 		Subd. 2.Bond sale. To provide the money appropriated in this section from the bond 
1.22 	proceeds fund, the commissioner of management and budget shall sell and issue bonds of 
1.23 	the state in an amount up to $25,000,000 in the manner, upon the terms, and with the effect 
2.1 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
2.2 	Constitution, article XI, sections 4 to 7.

2.3 	EFFECTIVE DATE. This section is effective the day following final enactment.