HF 844

as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am

A bill for an act
relating to capital investment; modifying the grant
recipient of an appropriation for St. Cloud Paramount
Theater to provide for the city to own the facility;
amending Laws 1998, chapter 404, section 23,
subdivision 17, as amended.

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

Section 1.

Laws 1998, chapter 404, section 23, subdivision
17, as amended by Laws 1999, chapter 20, section 1, is amended
to read:

Subd. 17.

Paramount Arts District
Regional Arts Center 750,000

new text begin (a) new text end To the commissioner of
administration for a grant to the new text begin city
of new text end St. Cloud deleted text begin Housing and Redevelopment
Authority deleted text end to construct, furnish, and
equip the Paramount Arts District
Regional Arts Center, subject to
Minnesota Statutes, section 16A.695.
This appropriation is not available
until the commissioner has determined
that the necessary additional financing
to complete at least a $5,400,000
project has been committed by nonstate
sources.

new text begin (b) The Housing and Redevelopment
Authority must effect the transfer as
otherwise required or permitted by
law. Once the transfer is effected,
the city is the successor to the
Housing and Redevelopment Authority for
the purposes of the grant and Minnesota
Statutes, section 16A.695.
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