HF 2309

as introduced - 92nd Legislature (2021 - 2022) Posted on 03/18/2021 04:17pm

A bill for an act
relating to capital investment; appropriating money for capital improvements to
merge the city of South St. Paul library with the Dakota County library system;
authorizing the sale and issuance of state bonds.

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

Section 1. new text begin SOUTH ST. PAUL; LIBRARY.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $8,000,000 is appropriated from the bond proceeds fund
to the commissioner of employment and economic development for one or more grants to
the city of South St. Paul, Dakota County, or both, for predesign, design, construction, and
renovation of the existing city library building or a new facility to merge the city library
with the county library system. This appropriation does not require a nonstate contribution.
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 $8,000,000 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