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MN SF4426
Bill
Status
Introduced
4/4/2022
Primary Sponsor
John Jasinski
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AI Summary
- Appropriates $4,000,000 from the bond proceeds fund to the Public Facilities Authority for a grant to the city of Waseca to design, construct, furnish, and equip a new water tower
- Funds are available only when the commissioner of management and budget determines sufficient amount is committed to complete the project
- Authorizes the commissioner of management and budget to sell and issue state bonds up to $4,000,000 to provide the appropriated money
- Bond sale and issuance shall follow procedures prescribed in Minnesota Statutes sections 16A.631 to 16A.675 and Minnesota Constitution article XI, sections 4 to 7
- Becomes effective the day following final enactment
Legislative Description
Waseca clean water infrastructure bond issue and appropriation
Last Action
Referred to Capital Investment
4/4/2022
Committee Referrals
Capital Investment4/4/2022
Full Bill Text
No bill text available