| 1 | 1 | | 1.1 A bill for an act |
|---|
| 2 | 2 | | 1.2 relating to capital investment; appropriating money for improvements to water |
|---|
| 3 | 3 | | 1.3 and sewer infrastructure and street reconstruction in the city of Wood Lake; |
|---|
| 4 | 4 | | 1.4 authorizing the sale and issuance of state bonds. |
|---|
| 5 | 5 | | 1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: |
|---|
| 6 | 6 | | 1.6 Section 1. WOOD LAKE; WATER INFRASTRUCTURE AND STREET |
|---|
| 7 | 7 | | 1.7RECONSTRUCTION. |
|---|
| 8 | 8 | | 1.8 Subdivision 1.Appropriation.$4,525,000 is appropriated from the bond proceeds fund |
|---|
| 9 | 9 | | 1.9to the Public Facilities Authority for a grant to the city of Wood Lake to design, construct, |
|---|
| 10 | 10 | | 1.10and equip the replacement of aging and failing municipal infrastructure. This appropriation |
|---|
| 11 | 11 | | 1.11includes money for improvements to and replacement of water distribution system, |
|---|
| 12 | 12 | | 1.12wastewater system, storm sewer system infrastructure, and reconstruction of city streets. |
|---|
| 13 | 13 | | 1.13 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond |
|---|
| 14 | 14 | | 1.14proceeds fund, the commissioner of management and budget shall sell and issue bonds of |
|---|
| 15 | 15 | | 1.15the state in an amount up to $4,525,000 in the manner, upon the terms, and with the effect |
|---|
| 16 | 16 | | 1.16prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota |
|---|
| 17 | 17 | | 1.17Constitution, article XI, sections 4 to 7. |
|---|
| 18 | 18 | | 1.18 EFFECTIVE DATE.This section is effective the day following final enactment. |
|---|
| 19 | 19 | | 1Section 1. |
|---|
| 20 | 20 | | 25-00826 as introduced12/02/24 REVISOR JSK/KR |
|---|
| 21 | 21 | | SENATE |
|---|
| 22 | 22 | | STATE OF MINNESOTA |
|---|
| 23 | 23 | | S.F. No. 147NINETY-FOURTH SESSION |
|---|
| 24 | 24 | | (SENATE AUTHORS: DAHMS) |
|---|
| 25 | 25 | | OFFICIAL STATUSD-PGDATE |
|---|
| 26 | 26 | | Introduction and first reading01/16/2025 |
|---|
| 27 | 27 | | Referred to Capital Investment |
|---|