1.1 	A bill for an act
1.2 	relating to capital improvements; appropriating money
1.3 	for the Public Facilities Authority; authorizing state
1.4 	bonds.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. APPROPRIATION.
 1.7 		Subdivision 1.Amount. $24,580,000 is appropriated from
1.8 	the bond proceeds fund to the Public Facilities Authority for
1.9 	the purposes described in subdivisions 2 and 3.
1.10 		Subd. 2.State match for federal grants. (a) $14,380,000
1.11 	is to match federal grants to:
1.12 	(1) the water pollution control revolving fund under
1.13 	Minnesota Statutes, section 446A.07; and 
1.14 	(2) the drinking water revolving fund under Minnesota
1.15 	Statutes, section 446A.081.
1.16 	(b) The expenditure and allocation of state matching money
1.17 	between funds described in paragraph (a), clauses (1) and (2),
1.18 	must be based on the amount of federal money appropriated to the
1.19 	funds.
1.20 	(c) This appropriation must be used for qualified capital
1.21 	projects.
1.22 		Subd. 3.Wastewater infrastructure funding
1.23 	program. $10,200,000 is for grants and loans to eligible
1.24 	municipalities under the wastewater infrastructure program
1.25 	established in Minnesota Statutes, section 446A.072.
2.1 	To the greatest practical extent, the authority must use
2.2 	the funds for projects on the 2005 project priority list in
2.3 	priority order to qualified applicants that submit plans and
2.4 	specifications to the Pollution Control Agency or receive a
2.5 	funding commitment from USDA rural development before December
2.6 	1, 2006.
2.7 	$200,000 of this appropriation is to administer the
2.8 	wastewater infrastructure program.

2.9 	Sec. 2. BOND SALE.
 2.10 	To provide the money appropriated in this act from the bond
2.11 	proceeds fund, the commissioner of finance shall sell and issue
2.12 	bonds of the state in an amount up to $24,580,000 in the manner,
2.13 	upon the terms, and with the effect prescribed in Minnesota
2.14 	Statutes, sections 16A.631 to 16A.675, and by the Minnesota
2.15 	Constitution, article XI, sections 4 to 7.

2.16 	Sec. 3. EFFECTIVE DATE.
 2.17 	This act is effective the day following final enactment.