HF 3563

as introduced - 93rd Legislature (2023 - 2024) Posted on 02/12/2024 11:59am

A bill for an act
relating to capital investment; appropriating money for a renovation and expansion
of the Lake Phalen Lakeside Center in the city of St. Paul; 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. PAUL; LAKE PHALEN LAKESIDE CENTER.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $11,189,000 is appropriated from the bond proceeds
fund to the Metropolitan Council for a grant to the city of St. Paul to predesign, design,
construct, furnish, and equip a renovation and expansion of the Lake Phalen Lakeside Center
in the city of St. Paul to provide park programming, access to the lake for water recreation,
and spaces for food and recreation vendors.
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 $11,189,000 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