HF 2245

as introduced - 89th Legislature (2015 - 2016) Posted on 04/20/2015 09:36am

A bill for an act
relating to capital investment; appropriating money to renovate historic Hibbing
High School auditorium; authorizing the issuance of state bonds.

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

Section 1. new text begin HISTORIC HIBBING HIGH SCHOOL.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $1,187,500 is appropriated from the bond proceeds
fund to the commissioner of employment and economic development for a grant to the
city of Hibbing to predesign, design, construct, furnish, and equip the renovation of the
historic Hibbing High School auditorium.
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 act from the bond
proceeds fund, the commissioner of management and budget shall sell and issue bonds of
the state in an amount up to $1,187,500 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