1.1 A bill for an act
1.2 relating to capital investment; appropriating money for water, sewer, and street
1.3 infrastructure in the city of Keewatin; authorizing the sale and issuance of state
1.4 bonds.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. WATER, SEWER, AND STREET INFRASTRUCTURE; KEEWATIN.
1.7 Subdivision 1.Appropriation.$5,500,000 is appropriated from the bond proceeds fund
1.8to the commissioner of employment and economic development for a grant to the city of
1.9Keewatin to design, construct, furnish, and equip the replacement and reconstruction of
1.10water mains, sanitary sewer lines, storm sewer systems, and streets.
1.11 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond
1.12proceeds fund, the commissioner of management and budget shall sell and issue bonds of
1.13the state in an amount up to $5,500,000 in the manner, upon the terms, and with the effect
1.14prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota
1.15Constitution, article XI, sections 4 to 7.
1.16 EFFECTIVE DATE.This section is effective the day following final enactment.
1Section 1.
25-02921 as introduced01/28/25 REVISOR JSK/ES
SENATE
STATE OF MINNESOTA
S.F. No. 1043NINETY-FOURTH SESSION
(SENATE AUTHORS: FARNSWORTH)
OFFICIAL STATUSD-PGDATE
Introduction and first reading02/06/2025
Referred to Capital Investment