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HF 39

as introduced - 92nd Legislature, 2021 1st Special Session (2021 - 2021) Posted on 06/19/2021 12:01am

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

Current Version - as introduced

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1.14

A bill for an act
relating to capital investment; appropriating money for asset preservation at the
National Sports Center in Blaine; authorizing the sale and issuance of state bonds.

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

Section 1. new text beginAMATEUR SPORTS COMMISSION; ASSET PRESERVATION.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $12,100,000 is appropriated from the bond proceeds
fund to the Minnesota Amateur Sports Commission for asset preservation at the National
Sports Center in Blaine, to be spent in accordance with Minnesota Statutes, section 16B.307.
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 $12,100,000 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