1.1 A bill for an act 1.2 relating to capital investment; appropriating money for water and sewer 1.3 infrastructure in the city of Clarks Grove; 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. CLARKS GROVE; WATER AND SEWER INFRASTRUCTURE. 1.7 Subdivision 1.Appropriation.$9,900,000 is appropriated from the bond proceeds fund 1.8to the Public Facilities Authority to design, construct, and equip water and sewer 1.9infrastructure in the city of Clarks Grove. This appropriation includes money for two new 1.10lift stations, a new water treatment plant, and the replacement of sewer and water system 1.11infrastructure throughout the city. This appropriation is available after the commissioner of 1.12management and budget determines that an amount sufficient to complete the project has 1.13been committed to the project, as required by Minnesota Statutes, section 16A.502. 1.14 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond 1.15proceeds fund, the commissioner of management and budget shall sell and issue bonds of 1.16the state in an amount up to $9,900,000 in the manner, upon the terms, and with the effect 1.17prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 1.18Constitution, article XI, sections 4 to 7. 1.19 EFFECTIVE DATE.This section is effective the day following final enactment. 1Section 1. 25-02418 as introduced01/21/25 REVISOR JSK/EN SENATE STATE OF MINNESOTA S.F. No. 778NINETY-FOURTH SESSION (SENATE AUTHORS: DORNINK) OFFICIAL STATUSD-PGDATE Introduction and first reading01/30/2025 Referred to Capital Investment