1 | 1 | | 1.1 A bill for an act |
---|
2 | 2 | | 1.2 relating to capital investment; appropriating money for capital improvements at |
---|
3 | 3 | | 1.3 the water treatment facility in the city of International Falls; authorizing the sale |
---|
4 | 4 | | 1.4 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. INTERNATIONAL FALLS; WATER TREATMENT FACILITY |
---|
7 | 7 | | 1.7IMPROVEMENTS. |
---|
8 | 8 | | 1.8 Subdivision 1.Appropriation.$4,800,000 is appropriated from the bond proceeds fund |
---|
9 | 9 | | 1.9to the Public Facilities Authority for a grant to the city of International Falls to construct, |
---|
10 | 10 | | 1.10renovate, furnish, and equip improvements and betterments of a capital nature at the existing |
---|
11 | 11 | | 1.11water treatment facility in the city of International Falls, including an expansion of the |
---|
12 | 12 | | 1.12facility, rehabilitation and replacement of aging and failing infrastructure, security upgrades, |
---|
13 | 13 | | 1.13and other site improvements to support ongoing operations. |
---|
14 | 14 | | 1.14 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond |
---|
15 | 15 | | 1.15proceeds fund, the commissioner of management and budget shall sell and issue bonds of |
---|
16 | 16 | | 1.16the state in an amount up to $4,800,000 in the manner, upon the terms, and with the effect |
---|
17 | 17 | | 1.17prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota |
---|
18 | 18 | | 1.18Constitution, article XI, sections 4 to 7. |
---|
19 | 19 | | 1.19 EFFECTIVE DATE.This section is effective the day following final enactment. |
---|
20 | 20 | | 1Section 1. |
---|
21 | 21 | | 25-04669 as introduced03/05/25 REVISOR JSK/AC |
---|
22 | 22 | | SENATE |
---|
23 | 23 | | STATE OF MINNESOTA |
---|
24 | 24 | | S.F. No. 2783NINETY-FOURTH SESSION |
---|
25 | 25 | | (SENATE AUTHORS: HAUSCHILD) |
---|
26 | 26 | | OFFICIAL STATUSD-PGDATE |
---|
27 | 27 | | Introduction and first reading03/20/2025 |
---|
28 | 28 | | Referred to Capital Investment |
---|