as introduced - 89th Legislature (2015 - 2016) Posted on 05/17/2016 09:01am
A bill for an act
relating to capital improvements; authorizing the sale and issuance of state
bonds; appropriating money for the Cedar Cultural Center in Minneapolis.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$3,000,000 is appropriated from the bond proceeds
fund to the commissioner of employment and economic development for a grant to
Hennepin County to predesign, design, construct, furnish, and equip the renovation of the
historic Cedar Cultural Center, subject to Minnesota Statutes, section 16A.695.
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To provide the money appropriated in subdivision 1 from the
bond proceeds fund, the commissioner of management and budget shall sell and issue
bonds of the state in an amount up to $3,000,000 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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