as introduced - 93rd Legislature (2023 - 2024) Posted on 02/13/2023 01:06pm
Engrossments | ||
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Introduction | Posted on 02/10/2023 |
A bill for an act
relating to capital investment; appropriating money for improvements to the Central
Park facility in the city of Woodbury; authorizing the sale and issuance of state
bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$15,000,000 is appropriated from the bond proceeds
fund to the commissioner of employment and economic development for one or more grants
to the city of Woodbury to construct, renovate, furnish, and equip capital improvements to
the Central Park facility. This appropriation includes money for interior, exterior, and
amenity improvements; improvements to the mechanical, electrical, plumbing, building
envelope, parking, and HVAC systems; and other improvements of a capital nature for
energy efficiency, health, safety, and Americans with Disabilities Act compliance. This
appropriation is available after the commissioner of management and budget determines
that an amount sufficient to complete the project has been committed to the project, as
required by Minnesota Statutes, section 16A.502.
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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 $15,000,000 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.
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This section is effective the day following final enactment.
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