HF 3901

as introduced - 91st Legislature (2019 - 2020) Posted on 02/27/2020 01:46pm

A bill for an act
relating to capital investment; appropriating money for the St. Louis County
Heritage and Arts Center; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin ST. LOUIS COUNTY; HERITAGE AND ARTS CENTER.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $8,250,000 is appropriated from the bond proceeds fund
to the commissioner of employment and economic development for a grant to St. Louis
County for asset preservation and expansion of the St. Louis County Heritage and Arts
Center, also known as the Depot, in Duluth. The project includes predesign, design,
construction, and renovation work for the replacement of or improvements to mechanical,
electrical, heating, ventilating, and air conditioning systems; life-safety elements of the
building; and exterior building envelope integrity. The project also includes exhibit build-out
and expansion of the train shed. This appropriation is not available until the commissioner
of management and budget determines that at least $4,000,000 has been committed from
nonstate sources to complete the project.
new text end

new text begin Subd. 2. new text end

new text begin Bond sale. new text end

new text begin 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 $8,250,000 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.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end