1.1 A bill for an act
1.2 relating to capital investment; appropriating money for wastewater treatment
1.3 facility improvements in the city of Albert Lea; authorizing the sale and issuance
1.4 of state bonds.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. ALBERT LEA; WASTEWATER TREATMENT FACILITY
1.7IMPROVEMENTS.
1.8 Subdivision 1.Appropriation.$37,000,000 is appropriated from the bond proceeds
1.9fund to the Public Facilities Authority for a grant to the city of Albert Lea for design,
1.10demolition, construction, and equipment improvements to upgrade the city's wastewater
1.11treatment facility. This appropriation includes money for design, renovation, repairs, and
1.12replacement of infrastructure, equipment, and other components of the facility's wastewater
1.13treatment systems, including site improvements to buildings and other structures and costs
1.14of demolition associated with the project. This appropriation is available when the
1.15commissioner of management and budget determines that sufficient resources have been
1.16committed to complete the project, as required by Minnesota Statutes, section 16A.502.
1.17 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond
1.18proceeds fund, the commissioner of management and budget shall sell and issue bonds of
1.19the state in an amount up to $37,000,000 in the manner, upon the terms, and with the effect
1.20prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota
1.21Constitution, article XI, sections 4 to 7.
1.22 EFFECTIVE DATE.This section is effective the day following final enactment.
1Section 1.
25-01561 as introduced12/19/24 REVISOR JSK/MI
SENATE
STATE OF MINNESOTA
S.F. No. 497NINETY-FOURTH SESSION
(SENATE AUTHORS: DORNINK)
OFFICIAL STATUSD-PGDATE
Introduction and first reading01/23/2025
Referred to Capital Investment