as introduced - 87th Legislature (2011 - 2012) Posted on 02/23/2012 08:28am
A bill for an act
relating to capital improvements; authorizing the sale and issuance of state
bonds; appropriating money to expand the Mankato Civic Center auditorium and
remodel and expand the Mankato Civic Center and All Seasons arenas.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$15,000,000 is appropriated from the bond proceeds
fund to the commissioner of employment and economic development for a grant to the
city of Mankato to design, construct, furnish, and equip the expansion of the Civic Center
auditorium, including a performing arts theater, and the remodelling and expansion of
the Civic Center and All Seasons arenas, which must include the Southern Minnesota
Women's Hockey Exposition Center, for joint use by the city and Minnesota State
University, Mankato.
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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 $15,000,000 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.
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This section is effective the day following final enactment.
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