1.1 A bill for an act
1.2 relating to capital investment; appropriating money for water and wastewater
1.3 infrastructure improvements in the city of Lewisville; authorizing the sale and
1.4 issuance of state bonds.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. LEWISVILLE; WATER AND WASTEWATER INFRASTRUCTURE
1.7IMPROVEMENTS.
1.8 Subdivision 1.Appropriation.$10,000,000 is appropriated from the bond proceeds
1.9fund to the Public Facilities Authority for a grant to the city of Lewisville to design, engineer,
1.10construct, furnish, and equip sewer, stormwater, and water tower refurbishment
1.11improvements, including reconstruction of roads and sidewalks associated with the
1.12improvements. This appropriation is available after the commissioner of management and
1.13budget determines that an amount sufficient to complete the project has been committed to
1.14the project, as required by Minnesota Statutes, section 16A.502.
1.15 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond
1.16proceeds fund, the commissioner of management and budget shall sell and issue bonds of
1.17the state in an amount up to $10,000,000 in the manner, upon the terms, and with the effect
1.18prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota
1.19Constitution, article XI, sections 4 to 7.
1.20 EFFECTIVE DATE.This section is effective the day following final enactment.
1Section 1.
25-01478 as introduced12/16/24 REVISOR JSK/NS
SENATE
STATE OF MINNESOTA
S.F. No. 827NINETY-FOURTH SESSION
(SENATE AUTHORS: DRAHEIM)
OFFICIAL STATUSD-PGDATE
Introduction and first reading01/30/2025
Referred to Capital Investment