| 1 | 1 | | 1.1 A bill for an act |
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| 2 | 2 | | 1.2 relating to capital investment; appropriating money for improvements to water |
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| 3 | 3 | | 1.3 and sewer infrastructure and street reconstruction in the city of Lake Lillian; |
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| 4 | 4 | | 1.4 authorizing the sale and issuance of state 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. LAKE LILLIAN; WATER INFRASTRUCTURE AND STREET |
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| 7 | 7 | | 1.7RECONSTRUCTION. |
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| 8 | 8 | | 1.8 Subdivision 1.Appropriation.$3,500,000 is appropriated from the bond proceeds fund |
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| 9 | 9 | | 1.9to the Public Facilities Authority for a grant to the city of Lake Lillian to design, construct, |
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| 10 | 10 | | 1.10and equip the replacement of aging and failing municipal infrastructure. This appropriation |
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| 11 | 11 | | 1.11includes money for improvements to and replacement of water distribution system, sanitary |
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| 12 | 12 | | 1.12sewer system, and storm sewer system infrastructure, and reconstruction of city streets. This |
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| 13 | 13 | | 1.13appropriation is in addition to the appropriation in Laws 2023, chapter 72, article 2, section |
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| 14 | 14 | | 1.1410, subdivision 9. |
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| 15 | 15 | | 1.15 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond |
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| 16 | 16 | | 1.16proceeds fund, the commissioner of management and budget shall sell and issue bonds of |
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| 17 | 17 | | 1.17the state in an amount up to $3,500,000 in the manner, upon the terms, and with the effect |
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| 18 | 18 | | 1.18prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota |
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| 19 | 19 | | 1.19Constitution, article XI, sections 4 to 7. |
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| 20 | 20 | | 1.20 EFFECTIVE DATE.This section is effective the day following final enactment. |
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| 21 | 21 | | 1Section 1. |
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| 22 | 22 | | 25-00547 as introduced11/13/24 REVISOR JSK/DG |
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| 23 | 23 | | SENATE |
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| 24 | 24 | | STATE OF MINNESOTA |
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| 25 | 25 | | S.F. No. 301NINETY-FOURTH SESSION |
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| 26 | 26 | | (SENATE AUTHORS: LANG) |
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| 27 | 27 | | OFFICIAL STATUSD-PGDATE |
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| 28 | 28 | | Introduction and first reading01/21/2025 |
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| 29 | 29 | | Referred to Capital Investment |
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