A bill for an act
 relating to capital investment; appropriating money to connect elementary schools
in the city of East Bethel to city water and sewer infrastructure; authorizing the
sale and issuance of state bonds.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. new text begin EAST BETHEL; WATER AND SEWER INFRASTRUCTURE.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $10,500,000 is appropriated from the bond proceeds
fund to the Public Facilities Authority for a grant to the city of East Bethel to predesign,
design, construct, and equip city water and sewer infrastructure to connect East Bethel
Elementary School and Cedar Creek Elementary School to city water and sewer systems.
This appropriation includes money for a new water tower, a new water treatment facility,
new wells, and associated water and sewer infrastructure necessary to complete the project.
 new text end

new text begin Subd. 2. new text end

new text begin Bond sale. new text end

new text begin To provide the money appropriated in this section from the bond
proceeds fund, the commissioner of management and budget shall sell and issue bonds of
the state in an amount up to $10,500,000 in the manner, upon the terms, and with the effect
prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota
Constitution, article XI, sections 4 to 7.
 new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
 new text end