1.1.................... moves to amend H.F. No. 1417 as follows:
1.2Page 2, line 2, after the period, insert "
The aggregate principal amount of bonds
1.3issued under this subdivision may not exceed $4,000,000, plus an amount to be applied
1.4to the payment of the cost of issuing the bonds. The bonds may be paid from or secured
1.5by any funds available to the city of Windom, including the taxes authorized under
1.6subdivisions 1 and 2."
1.7Page 2, line 6, delete everything after "
(2)" and insert "
when the city council
1.8determines that $4,000,000 has been received from the tax to pay for the cost of the
1.9improvements authorized in subdivision 3, plus an amount sufficient to pay the costs related
1.10to issuance of the bonds authorized under subdivision 4, including interest on the bonds."
1.11Page 2, delete lines 7 and 8