SF 2357

Introduction - 94th Legislature (2025 - 2026)

Posted on 03/11/2025 10:03 a.m.

A bill for an act
relating to capital investment; appropriating money for capital safety improvements
at the Ordway Center in 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; ORDWAY CENTER SAFETY IMPROVEMENTS.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $10,000,000 is appropriated to the commissioner of
employment and economic development for a grant to the city of St. Paul to design, renovate,
and equip capital safety improvements for Ordway Center for the Performing Arts.
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 $10,000,000 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