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HF 2287

as introduced - 93rd Legislature (2023 - 2024) Posted on 02/28/2023 09:55am

KEY: stricken = removed, old language.
underscored = added, new language.

Bill Text Versions

Engrossments
Introduction Posted on 02/28/2023

Current Version - as introduced

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A bill for an act
relating to capital investment; appropriating money for the St. Cloud Municipal
Athletic Complex; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin ST. CLOUD; MUNICIPAL ATHLETIC COMPLEX.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $31,000,000 is appropriated from the bond proceeds
fund to the commissioner of employment and economic development for a grant to the city
of St. Cloud to construct, furnish, and equip improvements to the municipal athletic complex
to serve as a regional sports facility. This appropriation includes money to renovate and
expand the Municipal Athletic Facility, to demolish the grandstand at Dick Putz Field, and
to design, construct, furnish, and equip a new grandstand at Dick Putz Field. This
appropriation also includes money to acquire and install artificial turf and to construct the
west lobby. This appropriation is in addition to the appropriation in Laws 2020, Fifth Special
Session chapter 3, article 1, section 21, subdivision 36, and is exempt from the requirements
under Minnesota Statutes, section 16A.86, subdivision 4.
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 $31,000,000 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