1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for improvements to publicly 
1.3 	owned water, wastewater, and storm sewer infrastructure in Lakefield; authorizing 
1.4 	the sale and issuance of state bonds.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. LAKEFIELD; WATER, WASTEWATER, AND STORM SEWER 
1.7 	IMPROVEMENT PROJECT.
 1.8 		Subdivision 1.Appropriation. Up to $22,000,000 is appropriated from the bond proceeds 
1.9 	fund to the Public Facilities Authority for a supplemental grant to the city of Lakefield for 
1.10 	the design, engineering, construction, and equipping of improvements necessary for 
1.11 	wastewater, water, street, and storm sewer upgrades in the city. This appropriation includes 
1.12 	money for mechanical wastewater treatment facility improvements, replacement of the 
1.13 	sanitary sewer system, replacement of the storm sewer system, connection to the Red Rock 
1.14 	Rural Water system, replacement of the water treatment and water distribution systems, 
1.15 	and other improvements to publicly owned infrastructure. For purposes of this section, if 
1.16 	the combined total of grants awarded to the city under any other state or federal grant 
1.17 	program are less than the total project cost of $22,000,000, the supplemental grant under 
1.18 	this section shall be sufficient so that the city receives grants equal to $22,000,000.
1.19 		Subd. 2.Bond sale. To provide the money appropriated in this section from the bond 
1.20 	proceeds fund, the commissioner of management and budget shall sell and issue bonds of 
1.21 	the state in an amount up to $22,000,000 in the manner, upon the terms, and with the effect 
1.22 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.23 	Constitution, article XI, sections 4 to 7.

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