SF3186 - Minnesota - Public facilities authority wastewater infrastructure funding and credit enhanced bond program and appropriation
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Please upgrade your Flash Player Proposed date: Tuesday, February, 26th 2008 Latest Update: Friday, July, 18th 2008 Requiring the public facilities authority to make funds available for wastewater infrastructures based on pollution control agency (PCA) priority list ranking and requiring funds reservation upon applicant federal commitment receipt or PCA plan submission; increasing public facilities authority grant funding; establishing and providing for a credit enhanced bond program to provide governmental unit loans through governmental units general obligation bonds purchased for purpose of project financing; requiring the authority to obtain funds to make loans through revenue bonds issuance payable from loan repayments pledged to the bonds; establishing a fund and accounts; permitting revenue bond issuance by the authority; specifying a bonding limit (rt)
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