1.1 A bill for an act
1.2 relating to capital investment; appropriating money for stormwater, wastewater,
1.3 and drinking water infrastructure in the city of Silver Lake; authorizing the sale
1.4 and issuance of state bonds.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. SILVER LAKE; STORMWATER, WASTEWATER, AND DRINKING
1.7WATER INFRASTRUCTURE.
1.8 Subdivision 1.Appropriation.$9,500,000 is appropriated from the bond proceeds fund
1.9to the public facilities authority for a grant to the city of Silver Lake to predesign, design,
1.10engineer, construct, and equip stormwater, wastewater, and drinking water infrastructure.
1.11This appropriation includes money for improvements to or replacement of municipal:
1.12wastewater ponds, spray irrigation and sanitary sewer systems, and associated infrastructure;
1.13storm sewer systems and associated infrastructure to better drain areas of the community;
1.14and water main distribution systems and associated infrastructure to provide for improved
1.15water quality, water flow, fire protection and water accountability.
1.16 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond
1.17proceeds fund, the commissioner of management and budget shall sell and issue bonds of
1.18the state in an amount up to $9,500,000 in the manner, upon the terms, and with the effect
1.19prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota
1.20Constitution, article XI, sections 4 to 7.
1.21 EFFECTIVE DATE.This section is effective the day following final enactment.
1Section 1.
25-01396 as introduced12/17/24 REVISOR JSK/AD
SENATE
STATE OF MINNESOTA
S.F. No. 414NINETY-FOURTH SESSION
(SENATE AUTHORS: GRUENHAGEN)
OFFICIAL STATUSD-PGDATE
Introduction and first reading01/21/2025
Referred to Capital Investment