HF 1556

as introduced - 93rd Legislature (2023 - 2024) Posted on 02/09/2023 11:36am

A bill for an act
relating to capital investment; appropriating money for the Central Minnesota
Healthcare Hub in Sartell; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin SARTELL; CENTRAL MINNESOTA HEALTHCARE HUB.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $19,100,000 is appropriated from the bond proceeds
fund to the commissioner of transportation for a grant to the city of Sartell for local road
improvements as phase 2 of the Central Minnesota Healthcare Hub project. This appropriation
includes money for predesign, design, engineering, acquisition of right-of-way, replacement
or repair of utilities, street reconstruction, and other improvements or upgrades related to
street work.
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 $19,100,000 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