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HF 2105

as introduced - 91st Legislature (2019 - 2020) Posted on 03/07/2019 02:46pm

KEY: stricken = removed, old language.
underscored = added, new language.
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Bill Text Versions

Engrossments
Introduction Posted on 03/07/2019

Current Version - as introduced

Line numbers 1.1 1.2 1.3 1.4
1.5 1.6 1.7 1.8 1.9 1.10 1.11 1.12 1.13 1.14 1.15 1.16 1.17 1.18 1.19 1.20 1.21 1.22
2.1

A bill for an act
 relating to capital investment; appropriating money for an outdoor performance
venue in Minneapolis; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin MINNEAPOLIS; OUTDOOR PERFORMANCE VENUE.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $2,000,000 is appropriated from the bond proceeds fund
to the commissioner of employment and economic development for a grant to the city of
Minneapolis to predesign and design an outdoor performance venue at the site of the Upper
Harbor Terminal along the Mississippi River in Minneapolis. This appropriation is not
available until the commissioner of management and budget determines that $2,000,000
has been committed from nonstate sources to complete the project. Expenditures made
toward predesign and design after April 28, 2017, shall count toward the commitment of
nonstate funds.
 new text end

new text begin Subd. 2. new text end

new text begin Community benefits. new text end

new text begin The city of Minneapolis will conduct robust community
engagement to identify community benefits that can be embedded in city contracts related
to the design and the future development, construction, management, operation, maintenance,
and capital repair of an outdoor performing arts center designed with the state appropriation.
 new text end

new text begin Subd. 3. 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 $2,000,000 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.
 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