1 | 1 | | 1.1 A bill for an act |
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2 | 2 | | 1.2 relating to capital investment; appropriating money for public infrastructure |
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3 | 3 | | 1.3 improvements in the city of Cohasset; authorizing the sale and issuance of state |
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4 | 4 | | 1.4 bonds. |
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5 | 5 | | 1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: |
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6 | 6 | | 1.6 Section 1. COHASSET; PUBLIC INFRASTRUCTURE IMPROVEMENTS. |
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7 | 7 | | 1.7 Subdivision 1.Appropriation.$2,500,000 is appropriated from the bond proceeds fund |
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8 | 8 | | 1.8to the Public Facilities Authority for a grant to the city of Cohasset to design, construct, |
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9 | 9 | | 1.9reconstruct, and equip the rehabilitation of the city's water tower; the extension of water, |
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10 | 10 | | 1.10sanitary sewer, and storm sewer infrastructure city wide; and associated street reconstruction. |
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11 | 11 | | 1.11 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond |
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12 | 12 | | 1.12proceeds fund, the commissioner of management and budget shall sell and issue bonds of |
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13 | 13 | | 1.13the state in an amount up to $2,500,000 in the manner, upon the terms, and with the effect |
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14 | 14 | | 1.14prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota |
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15 | 15 | | 1.15Constitution, article XI, sections 4 to 7. |
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16 | 16 | | 1.16 EFFECTIVE DATE.This section is effective the day following final enactment. |
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17 | 17 | | 1Section 1. |
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18 | 18 | | REVISOR JSK/MI 25-0419202/20/25 |
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19 | 19 | | State of Minnesota |
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20 | 20 | | This Document can be made available |
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21 | 21 | | in alternative formats upon request |
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22 | 22 | | HOUSE OF REPRESENTATIVES |
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23 | 23 | | H. F. No. 2178 |
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24 | 24 | | NINETY-FOURTH SESSION |
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25 | 25 | | Authored by Igo03/12/2025 |
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26 | 26 | | The bill was read for the first time and referred to the Committee on Capital Investment |
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