Bill Text: MN HF2039 | 2013-2014 | 88th Legislature | Introduced


Bill Title: Lake Superior-Poplar River Water District funding provided, bonds issued, and money appropriated.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Introduced - Dead) 2014-02-25 - Introduction and first reading, referred to Jobs and Economic Development Finance and Policy [HF2039 Detail]

Download: Minnesota-2013-HF2039-Introduced.html

1.1A bill for an act
1.2relating to capital investment; appropriating money for the Lake Superior-Poplar
1.3River Water District; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5    Section 1. LAKE SUPERIOR-POPLAR RIVER WATER DISTRICT.
1.6    Subdivision 1. Appropriation. $1,110,000 is appropriated from the bond proceeds
1.7fund to the commissioner of employment and economic development for a grant to the
1.8Lake Superior-Poplar River Water District to acquire interests in real property, engineer,
1.9design, permit, and construct infrastructure to transport and treat water from Lake Superior
1.10through the Poplar River Valley to serve domestic, irrigation, commercial, stock watering,
1.11and industrial water users.
1.12    Subd. 2. Bond sale. To provide the money appropriated in this section from the
1.13bond proceeds fund, the commissioner of management and budget shall sell and issue
1.14bonds of the state in an amount up to $1,110,000 in the manner, upon the terms, and with
1.15the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.16Minnesota Constitution, article XI, sections 4 to 7.
1.17EFFECTIVE DATE.This section is effective the day following final enactment.
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