1.2relating to capital investment; appropriating money for the city of Deer River's
1.3wastewater stabilization pond; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5    Section 1. DEER RIVER WASTEWATER STABILIZATION POND EXPANSION.
1.6    Subdivision 1. Appropriation. $1,250,000 is appropriated from the bond proceeds
1.7fund to the commissioner of employment and economic development for a grant to the
1.8city of Deer River to predesign, design, engineer, and construct a secondary wastewater
1.9stabilization pond adjacent to the existing ponds. This appropriation is not available until
1.10the commissioner of management and budget determines that at least an equal amount is
1.11committed to the project from nonstate sources.
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 $1,250,000 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.