1 | 1 | | 1.1 A bill for an act |
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2 | 2 | | 1.2 relating to capital investment; appropriating money for a water treatment facility |
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3 | 3 | | 1.3 in the city of Mound; authorizing the sale and issuance of state bonds. |
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4 | 4 | | 1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: |
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5 | 5 | | 1.5 Section 1. MOUND; WATER TREATMENT FACILITY. |
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6 | 6 | | 1.6 Subdivision 1.Appropriation.$30,046,000 is appropriated from the bond proceeds |
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7 | 7 | | 1.7fund to the Public Facilities Authority for a grant to the city of Mound to construct, furnish, |
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8 | 8 | | 1.8and equip a water treatment facility to address elevated levels of manganese in the city's |
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9 | 9 | | 1.9drinking water supply. This appropriation is in addition to the appropriation in Laws 2023, |
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10 | 10 | | 1.10chapter 71, article 1, section 15, subdivision 12, as amended by Laws 2024, chapter 88, |
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11 | 11 | | 1.11article 1, section 35. |
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12 | 12 | | 1.12 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond |
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13 | 13 | | 1.13proceeds fund, the commissioner of management and budget shall sell and issue bonds of |
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14 | 14 | | 1.14the state in an amount up to $30,046,000 in the manner, upon the terms, and with the effect |
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15 | 15 | | 1.15prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota |
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16 | 16 | | 1.16Constitution, article XI, sections 4 to 7. |
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17 | 17 | | 1.17 EFFECTIVE DATE.This section is effective the day following final enactment. |
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18 | 18 | | 1Section 1. |
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19 | 19 | | 25-02930 as introduced01/28/25 REVISOR JSK/ES |
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20 | 20 | | SENATE |
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21 | 21 | | STATE OF MINNESOTA |
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22 | 22 | | S.F. No. 1327NINETY-FOURTH SESSION |
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23 | 23 | | (SENATE AUTHORS: JOHNSON STEWART) |
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24 | 24 | | OFFICIAL STATUSD-PGDATE |
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25 | 25 | | Introduction and first reading02/13/2025 |
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26 | 26 | | Referred to Capital Investment |
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