1 | 1 | | 1.1 A bill for an act |
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2 | 2 | | 1.2 relating to capital investment; appropriating money for water and sewer |
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3 | 3 | | 1.3 infrastructure in the city of Clarks Grove; authorizing the sale and issuance of state |
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4 | 4 | | 1.4 bonds. |
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5 | 5 | | 1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: |
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6 | 6 | | 1.6 Section 1. CLARKS GROVE; WATER AND SEWER INFRASTRUCTURE. |
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7 | 7 | | 1.7 Subdivision 1.Appropriation.$9,900,000 is appropriated from the bond proceeds fund |
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8 | 8 | | 1.8to the Public Facilities Authority to design, construct, and equip water and sewer |
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9 | 9 | | 1.9infrastructure in the city of Clarks Grove. This appropriation includes money for two new |
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10 | 10 | | 1.10lift stations, a new water treatment plant, and the replacement of sewer and water system |
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11 | 11 | | 1.11infrastructure throughout the city. This appropriation is available after the commissioner of |
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12 | 12 | | 1.12management and budget determines that an amount sufficient to complete the project has |
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13 | 13 | | 1.13been committed to the project, as required by Minnesota Statutes, section 16A.502. |
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14 | 14 | | 1.14 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond |
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15 | 15 | | 1.15proceeds fund, the commissioner of management and budget shall sell and issue bonds of |
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16 | 16 | | 1.16the state in an amount up to $9,900,000 in the manner, upon the terms, and with the effect |
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17 | 17 | | 1.17prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota |
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18 | 18 | | 1.18Constitution, article XI, sections 4 to 7. |
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19 | 19 | | 1.19 EFFECTIVE DATE.This section is effective the day following final enactment. |
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20 | 20 | | 1Section 1. |
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21 | 21 | | 25-02418 as introduced01/21/25 REVISOR JSK/EN |
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22 | 22 | | SENATE |
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23 | 23 | | STATE OF MINNESOTA |
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24 | 24 | | S.F. No. 778NINETY-FOURTH SESSION |
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25 | 25 | | (SENATE AUTHORS: DORNINK) |
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26 | 26 | | OFFICIAL STATUSD-PGDATE |
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27 | 27 | | Introduction and first reading01/30/2025 |
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28 | 28 | | Referred to Capital Investment |
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