as introduced - 85th Legislature (2007 - 2008) Posted on 12/15/2009 12:00am
A bill for an act
relating to capital investment; authorizing spending to acquire and better public
land and buildings and other improvements of a capital nature; authorizing the
issuance of state bonds; appropriating money for the New Munich wastewater
treatment plant.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$400,000 is appropriated from the bond proceeds
fund to the Public Facilities Authority for a grant to the city of New Munich to predesign,
design, construct, furnish, and equip an expansion of the city's wastewater treatment plant.
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To provide the money appropriated in subdivision 1 from the
bond proceeds fund, the commissioner of finance shall sell and issue bonds of the state in
an amount up to $400,000 in the manner, upon the terms, and with the effect prescribed by
Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota Constitution,
article XI, sections 4 to 7.
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This section is effective the day following final enactment.
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