1.1 A bill for an act
1.2 relating to capital investment; appropriating money for water main improvements
1.3 in the city of Shorewood; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. SHOREWOOD; WATER MAIN IMPROVEMENTS.
1.6 Subdivision 1.Appropriation.$750,000 is appropriated from the bond proceeds fund
1.7to the Public Facilities Authority for a grant to the city of Shorewood for acquisition of
1.8property and easements, design, construction, and equipping of water main infrastructure
1.9along Mill Street in the city of Shorewood.
1.10 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond
1.11proceeds fund, the commissioner of management and budget shall sell and issue bonds of
1.12the state in an amount up to $750,000 in the manner, upon the terms, and with the effect
1.13prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota
1.14Constitution, article XI, sections 4 to 7.
1.15 EFFECTIVE DATE.This section is effective the day following final enactment.
1Section 1.
25-05213 as introduced03/25/25 REVISOR JSK/LJ
SENATE
STATE OF MINNESOTA
S.F. No. 3235NINETY-FOURTH SESSION
(SENATE AUTHORS: JOHNSON STEWART)
OFFICIAL STATUSD-PGDATE
Introduction and first reading04/02/2025
Referred to Capital Investment