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MN HF907
Bill
Status
3/7/2011
Primary Sponsor
Thomas Rukavina
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AI Summary
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Appropriates $300,000 from bond proceeds to the Commissioner of Employment and Economic Development for a grant to the city of Hoyt Lakes for capital improvements to water and wastewater treatment plants
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Requires the city of Hoyt Lakes to commit at least $300,000 from nonstate sources before the state appropriation becomes available
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Authorizes the Commissioner of Management and Budget to sell and issue state bonds up to $300,000 to fund the appropriation
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Bond issuance follows procedures outlined in Minnesota Statutes sections 16A.631 to 16A.675 and Minnesota Constitution article XI, sections 4 to 7
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Effective the day following final enactment
Legislative Description
Hoyt Lakes; water and wastewater system improvements funding provided, bonds issued, and money appropriated.
Last Action
Introduction and first reading, referred to State Government Finance
3/7/2011