HF 473

as introduced - 93rd Legislature (2023 - 2024) Posted on 01/17/2023 11:37am

A bill for an act
relating to capital investment; appropriating money for a public safety and public
works facility in the city of Rosemount; authorizing the sale and issuance of state
bonds.

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

Section 1. ROSEMOUNT; PUBLIC SAFETY AND PUBLIC WORKS FACILITY.

Subdivision 1.

Appropriation.

$31,000,000 is appropriated from the bond proceeds
fund to the commissioner of public safety for a grant to the city of Rosemount to construct,
engineer, furnish, and equip a new public safety and public works facility to house the city's
police and public works departments.

Subd. 2.

Bond sale.

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 $31,000,000 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.

EFFECTIVE DATE.

This section is effective the day following final enactment.