HF 1685

as introduced - 87th Legislature (2011 - 2012) Posted on 05/09/2011 09:45am

A bill for an act
relating to capital investment; appropriating money for the Cowles Center for
Dance and the Performing Arts; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin COWLES CENTER FOR DANCE AND THE PERFORMING ARTS.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $1,200,000 is appropriated from the bond proceeds
fund to the commissioner of economic development for a grant to the city of Minneapolis
for the Cowles Center for Dance and the Performing Arts, subject to Minnesota Statutes,
section 16A.695.
new text end

new text begin This appropriation is for construction operations relating to the proper capping
and sealing of the abandoned well that once served the former West Hotel, to include
costs related to the removal of any oil-lubricated pumps or other debris in a manner
that does not compromise the two aquifers through which the well runs and any other
expenses necessary to receive a certificate of full compliance from the commissioner of
health. This appropriation may also be used for other purposes related to complying
with environmental, ordinance, and code standards as a result of excavation required for
connecting to utilities through public rights-of-way or near the well site, such as removing
rubble, bricks, rocks, and pieces of debris, and infilling the excavation sites with approved
material, such as class 5 gravel.
new text end

new text begin This appropriation is in addition to the appropriation in Laws 2005, chapter 20,
section 23, subdivision 16; and Laws 2006, chapter 258, section 21, subdivision 17,
paragraph (b).
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 $1,200,000 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