1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for preservation and 
1.3 	rehabilitation of public buildings on the city of Hastings public square, which 
1.4 	includes the historically designated Hastings City Hall and the Hastings Police 
1.5 	Department; authorizing the sale and issuance of state bonds.
1.6 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.7 	Section 1. CITY OF HASTINGS PUBLIC SQUARE; CITY HALL AND POLICE 
1.8 	STATION.
 1.9 		Subdivision 1.Appropriation. $7,000,000 is appropriated from the bond proceeds fund 
1.10 	for a grant to the city of Hastings for the design, engineering, and renovation of the public 
1.11 	buildings on the city of Hastings public square including masonry repairs, replacement of 
1.12 	the dome cupola roofs and decorative metal, foundation work, HVAC improvements, and 
1.13 	operational improvements in alignment with the site's historical status. These projects are 
1.14 	needed to ensure the sustainability and functionality of the buildings on this site, which 
1.15 	includes the preservation of the second-oldest courthouse in the state of Minnesota and 
1.16 	which serves as a prominent part of Hastings's historic downtown along the Mississippi 
1.17 	River.
1.18 		Subd. 2.Bond sale. To provide the money appropriated in this section from the bond 
1.19 	proceeds fund, the commissioner of management and budget shall sell and issue bonds of 
1.20 	the state in an amount up to $7,000,000 in the manner, upon the terms, and with the effect 
1.21 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.22 	Constitution, article XI, sections 4 to 7.

1.23 	EFFECTIVE DATE. This section is effective the day following final enactment.