Minnesota 2025-2026 Regular Session

Minnesota Senate Bill SF898 Latest Draft

Bill / Introduced Version Filed 01/30/2025

                            1.1	A bill for an act​
1.2 relating to capital investment; appropriating money for wastewater treatment plant​
1.3 improvements in the city of Big Lake; 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. BIG LAKE; WASTEWATER TREATMENT PLANT IMPROVEMENTS.​
1.7 Subdivision 1.Appropriation.$25,000,000 is appropriated from the bond proceeds​
1.8fund to the Public Facilities Authority for a grant to the city of Big Lake to design, engineer,​
1.9construct, and equip improvements necessary to renovate and upgrade the city's wastewater​
1.10treatment facility to ensure regulatory compliance and accommodate future growth. This​
1.11appropriation is in addition to the appropriation in Laws 2018, chapter 214, article 1, section​
1.1222, subdivision 7.​
1.13 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond​
1.14proceeds fund, the commissioner of management and budget shall sell and issue bonds of​
1.15the state in an amount up to $25,000,000 in the manner, upon the terms, and with the effect​
1.16prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota​
1.17Constitution, article XI, sections 4 to 7.​
1.18 EFFECTIVE DATE.This section is effective the day following final enactment.​
1​Section 1.​
25-02653 as introduced​01/27/25 REVISOR JSK/CH​
SENATE​
STATE OF MINNESOTA​
S.F. No. 898​NINETY-FOURTH SESSION​
(SENATE AUTHORS: MATHEWS)​
OFFICIAL STATUS​D-PG​DATE​
Introduction and first reading​02/03/2025​
Referred to Capital Investment​