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

1.6 	Section 1. COLD SPRING; WASTEWATER TREATMENT FACILITY.
 1.7 		Subdivision 1.Appropriation. $29,861,000 is appropriated from the bond proceeds 
1.8 	fund to the Public Facilities Authority for a grant to the city of Cold Spring to design, 
1.9 	construct, and equip improvements to the city's wastewater treatment facility, including 
1.10 	replacing the existing filter process with an expanded biological nutrient removal activated 
1.11 	sludge process, as well as improvements to the biosolids treatment and management 
1.12 	infrastructure.
1.13 		Subd. 2.Bond sale. To provide the money appropriated in this section from the bond 
1.14 	proceeds fund, the commissioner of management and budget shall sell and issue bonds of 
1.15 	the state in an amount up to $29,861,000 in the manner, upon the terms, and with the effect 
1.16 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.17 	Constitution, article XI, sections 4 to 7.

1.18 	EFFECTIVE DATE. This section is effective the day following final enactment.