| 1 | 1 | | 1.1 A bill for an act |
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| 2 | 2 | | 1.2 relating to capital investment; appropriating money for replacement of public |
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| 3 | 3 | | 1.3 infrastructure in the city of Cottonwood; 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. COTTONWOOD; PUBLIC INFRASTRUCTURE. |
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| 7 | 7 | | 1.7 Subdivision 1.Appropriation.$8,000,000 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 Cottonwood to design, construct, |
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| 9 | 9 | | 1.9and equip Phase 1 replacement of aging public infrastructure. This appropriation includes |
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| 10 | 10 | | 1.10money for improvements, upgrades, and replacement of portions of the city's sanitary sewer |
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| 11 | 11 | | 1.11system and drinking water distribution system; street reconstruction and replacement of |
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| 12 | 12 | | 1.12curb, gutter, and sidewalks; and improvements necessary for connection to the Lincoln |
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| 13 | 13 | | 1.13Pipestone Rural Water system for better municipal water quality. |
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| 14 | 14 | | 1.14 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond |
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| 15 | 15 | | 1.15proceeds fund, the commissioner of management and budget shall sell and issue bonds of |
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| 16 | 16 | | 1.16the state in an amount up to $8,000,000 in the manner, upon the terms, and with the effect |
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| 17 | 17 | | 1.17prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota |
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| 18 | 18 | | 1.18Constitution, article XI, sections 4 to 7. |
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| 19 | 19 | | 1.19 EFFECTIVE DATE.This section is effective the day following final enactment. |
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| 20 | 20 | | 1Section 1. |
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| 21 | 21 | | REVISOR JSK/NS 25-0010010/14/24 |
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| 22 | 22 | | State of Minnesota |
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| 23 | 23 | | This Document can be made available |
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| 24 | 24 | | in alternative formats upon request |
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| 25 | 25 | | HOUSE OF REPRESENTATIVES |
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| 26 | 26 | | H. F. No. 651 |
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| 27 | 27 | | NINETY-FOURTH SESSION |
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| 28 | 28 | | Authored by Swedzinski02/13/2025 |
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| 29 | 29 | | The bill was read for the first time and referred to the Committee on Capital Investment |
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