Minnesota Legislature
HF 4511
as introduced - 93rd Legislature (2023 - 2024) Posted on 03/04/2024 02:29pm
Bill Text Versions
| Engrossments | ||
|---|---|---|
| Introduction | Posted on 03/01/2024 |
Current Version - as introduced
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A bill for an act
relating to capital investment; appropriating money for two community hubs in
the city of Hopkins; canceling a prior appropriation; authorizing the sale and
issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1. new text begin HOPKINS; COMMUNITY HUBS.
new text end
new text begin Subdivision 1. new text end
new text begin Appropriation. new text end
new text begin
$4,500,000 is appropriated from the bond proceeds fund
to the commissioner of employment and economic development for a grant to the city of
Hopkins to predesign, design, construct, furnish, and equip two buildings to be located in
Oakes Park off of Blake Road and Lake Street, and in Valley Park in South Hopkins, to be
used as community hubs for recreational, educational, civic, and other public purposes.
Additionally, the buildings will provide safe shelter for residents during times of extreme
weather, power outages, and other emergency events.
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 $4,500,000 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
Sec. 2. new text begin CANCELLATION.
new text end
new text begin
The $4,500,000 appropriation from the bond proceeds fund in Laws 2020, First Special
Session chapter 3, article 1, section 18, subdivision 6, for the Perspectives Family Center
facility in the city of St. Louis Park is canceled.
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