1.1 A bill for an act 1.2 relating to capital investment; appropriating money for street and utility 1.3 improvements in the city of Long Lake; 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. LONG LAKE; STREET AND UTILITY IMPROVEMENTS. 1.7 Subdivision 1.Appropriation.$11,700,000 is appropriated from the bond proceeds 1.8fund to the Public Facilities Authority for a grant to the city of Long Lake to predesign, 1.9design, construct, reconstruct, and equip the repair and replacement of aging and failing 1.10sanitary sewer, water main, and storm sewer infrastructure, including associated street 1.11reconstruction, along and adjacent to Grand Avenue in the city of Long Lake. 1.12 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond 1.13proceeds fund, the commissioner of management and budget shall sell and issue bonds of 1.14the state in an amount up to $11,700,000 in the manner, upon the terms, and with the effect 1.15prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 1.16Constitution, article XI, sections 4 to 7. 1.17 EFFECTIVE DATE.This section is effective the day following final enactment. 1Section 1. 25-04780 as introduced03/10/25 REVISOR JSK/DG SENATE STATE OF MINNESOTA S.F. No. 3125NINETY-FOURTH SESSION (SENATE AUTHORS: JOHNSON STEWART) OFFICIAL STATUSD-PGDATE Introduction and first reading04/01/2025 Referred to Capital Investment