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

1.6 	Section 1. OWATONNA; WASTEWATER TREATMENT FACILITY EXPANSION 
1.7 	AND IMPROVEMENTS.
 1.8 		Subdivision 1.Appropriation. $22,000,000 is appropriated from the bond proceeds 
1.9 	fund to the Public Facilities Authority for a grant to the city of Owatonna to design, construct, 
1.10 	and equip improvements to expand and upgrade the city's wastewater treatment facility. 
1.11 	This appropriation is not available until the commissioner of management and budget 
1.12 	determines that $25,600,000 has been committed to the project from nonstate sources.
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 $22,000,000 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.