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MN SF3523

Bill

Official Source

Status

Introduced

4/14/2016

Primary Sponsor

Lyle Koenen

Click for details

Origin

Senate

89th Legislature 2015-2016

AI Summary

  • Appropriates $1,195,000 from bond proceeds fund to the Public Facilities Commission for a grant to the city of Maynard for capital improvements to its sanitary sewer system
  • Grant funds are not available until the city commits at least an equal amount ($1,195,000) from nonstate sources
  • Authorizes the commissioner of management and budget to sell and issue state bonds up to $1,195,000 to fund the appropriation
  • Bond issuance follows procedures prescribed by Minnesota Statutes sections 16A.631 to 16A.675 and Minnesota Constitution article XI sections 4 to 7
  • Effective the day following final enactment

Legislative Description

Maynard sanitary sewer system improvement grant bond issue and appropriation

Last Action

Referred to Capital Investment

4/14/2016

Committee Referrals

Capital Investment4/14/2016

Full Bill Text

No bill text available