Bill Text: MN HF3367 | 2013-2014 | 88th Legislature | Introduced


Bill Title: Mountain Lake; wastewater infrastructure funding provided, bonds issued, and money appropriated.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2014-05-01 - Introduction and first reading, referred to State Government Finance and Veterans Affairs [HF3367 Detail]

Download: Minnesota-2013-HF3367-Introduced.html

1.1A bill for an act
1.2relating to capital investment; appropriating money for wastewater infrastructure
1.3in the city of Mountain Lake; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5    Section 1. MOUNTAIN LAKE.
1.6    Subdivision 1. Appropriation. $8,000,000 is appropriated from the bond proceeds
1.7fund to the Public Facilities Authority for a grant to the city of Mountain Lake for
1.8upgrades and expansion of the existing pond treatment system or construction of a
1.9mechanical treatment plant.
1.10    Subd. 2. Bond sale. To provide the money appropriated in this section from the
1.11bond proceeds fund, the commissioner of management and budget shall sell and issue
1.12bonds of the state in an amount up to $8,000,000 in the manner, upon the terms, and with
1.13the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.14Minnesota Constitution, article XI, sections 4 to 7.
1.15EFFECTIVE DATE.This section is effective the day following final enactment.
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