Bill Text: MN HF1273 | 2013-2014 | 88th Legislature | Introduced
Bill Title: Isle; sewer infrastructure grant funding provided, bonds issued, and money appropriated.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2013-03-05 - Introduction and first reading, referred to State Government Finance and Veterans Affairs [HF1273 Detail]
Download: Minnesota-2013-HF1273-Introduced.html
1.2relating to capital investment; appropriating money for a grant to the city of Isle
1.3for sewer infrastructure; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. CITY OF ISLE, INFRASTRUCTURE GRANT.
1.6 Subdivision 1. Appropriation. $800,000 is appropriated from the bond proceeds
1.7fund to the Public Facilities Authority for the wastewater infrastructure funding program
1.8under Minnesota Statutes, section 446A.072, for a grant to the city of Isle to design,
1.9engineer, and construct sewer extensions to serve a 40-acre annexation area and a sewer
1.10extension to serve the Maple Street area. This appropriation is not available until the
1.11commissioner of management and budget determines that at least an equal amount is
1.12committed to the project from nonstate sources.
1.13 Subd. 2. Bond sale. To provide the money appropriated in this section from the
1.14bond proceeds fund, the commissioner of management and budget shall sell and issue
1.15bonds of the state in an amount up to $800,000 in the manner, upon the terms, and with
1.16the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.17Minnesota Constitution, article XI, sections 4 to 7.
1.18EFFECTIVE DATE.This section is effective the day following final enactment.
1.3for sewer infrastructure; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. CITY OF ISLE, INFRASTRUCTURE GRANT.
1.6 Subdivision 1. Appropriation. $800,000 is appropriated from the bond proceeds
1.7fund to the Public Facilities Authority for the wastewater infrastructure funding program
1.8under Minnesota Statutes, section 446A.072, for a grant to the city of Isle to design,
1.9engineer, and construct sewer extensions to serve a 40-acre annexation area and a sewer
1.10extension to serve the Maple Street area. This appropriation is not available until the
1.11commissioner of management and budget determines that at least an equal amount is
1.12committed to the project from nonstate sources.
1.13 Subd. 2. Bond sale. To provide the money appropriated in this section from the
1.14bond proceeds fund, the commissioner of management and budget shall sell and issue
1.15bonds of the state in an amount up to $800,000 in the manner, upon the terms, and with
1.16the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.17Minnesota Constitution, article XI, sections 4 to 7.
1.18EFFECTIVE DATE.This section is effective the day following final enactment.
