| Sec. 1. Authorization of bonds to provide funds to construct water pollution control |
facilities and make other environmental improvements. The Treasurer of State is |
authorized, under the direction of the Governor, to issue bonds |
in the name and on behalf of the State in an amount not exceeding |
$20,500,000 to raise funds to construct water pollution control |
facilities; to close and clean up municipal solid waste |
landfills; to clean up tire stockpiles; to investigate, abate, |
clean up and mitigate threats to the public health and |
environment from uncontrolled hazardous substance sites or other |
hazardous waste discharges; to mitigate storm water pollution |
through local road improvements; to control polluted runoff; to |
extend sewer and water infrastructure; and to make drinking water |
system improvements as authorized by section 6. The bonds are a |
pledge of the full faith and credit of the State. The bonds may |
not run for a period longer than 10 years from the date of the |
original issue of the bonds. At the discretion of the Treasurer |
of State, with the approval of the Governor, any issuance of |
bonds may contain a call feature. |