Bill Text: MN SF2574 | 2011-2012 | 87th Legislature | Introduced


Bill Title: Tracy wastewater treatment improvements grant bond issue and appropriation

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2012-03-28 - Referred to Capital Investment [SF2574 Detail]

Download: Minnesota-2011-SF2574-Introduced.html

1.1A bill for an act
1.2relating to capital investment; appropriating money for wastewater treatment
1.3improvements in the city of Tracy; authorizing the sale and issuance of state
1.4bonds.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6    Section 1. TRACY; WASTEWATER TREATMENT IMPROVEMENTS.
1.7    Subdivision 1. Appropriation. $3,000,000 is appropriated from the bond proceeds
1.8fund to the Public Facilities Authority for a grant to the city of Tracy for capital
1.9improvements to the city's wastewater collection system and the construction of a new
1.10wastewater treatment system.
1.11    Subd. 2. Bond sale. To provide the money appropriated in this section from the
1.12bond proceeds fund, the commissioner of management and budget shall sell and issue
1.13bonds of the state in an amount up to $3,000,000 in the manner, upon the terms, and with
1.14the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.15Minnesota Constitution, article XI, sections 4 to 7.
1.16EFFECTIVE DATE.This section is effective the day following final enactment.
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