HF 1106

as introduced - 91st Legislature (2019 - 2020) Posted on 02/14/2019 03:20pm

A bill for an act
relating to capital investment; appropriating money for renovation of the historic
Hastings City Hall; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin HASTINGS; CITY HALL.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $2,000,000 is appropriated from the bond proceeds fund
to the commissioner of employment and economic development for a grant to the city of
Hastings for repairs, construction, and other capital improvements necessary for renovation
of the historic City Hall in Hastings. This appropriation includes money for repairs of the
dome and roofing, HVAC improvements, repairs to the interior walls and exterior masonry
of the building, site regrading, and project management. This appropriation is not available
until the commissioner of management and budget determines that $2,600,000 has been
committed from nonstate sources to complete the project.
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 $2,000,000 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