HF 2375

as introduced - 93rd Legislature (2023 - 2024) Posted on 03/02/2023 02:12pm

A bill for an act
relating to capital investment; appropriating money for capital renovation of historic
building 6 at the Minnesota Veterans Home in the city of Minneapolis; authorizing
the sale and issuance of state bonds.

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

Section 1. new text begin MINNESOTA VETERANS HOME; MINNEAPOLIS.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $18,025,000 is appropriated from the bond proceeds
fund to the commissioner of administration for design and construction, including
environmental and hazardous materials abatement assessments, for the remodeling and
rehabilitation of historic building 6 at the Minnesota Veterans Home in the city of
Minneapolis. The unspent portion of this appropriation after building design and construction
have been substantially completed, upon written notice to the commissioner of management
and budget, is available for furnishing and equipping accommodations. Minnesota Statutes,
section 16A.642, applies from the date of the original appropriation to the unspent amount
transferred.
new text end

new text begin Subd. 2. new text end

new text begin Veterans home expansion. new text end

new text begin The commissioner of veterans affairs may apply
for federal funding and expand the veterans home in the city of Minneapolis with up to 39
beds available for eligible veterans and their spouses. The state shall provide the necessary
operating costs for the facility in excess of any revenue and federal funding for the facility
that may be required to continue the operation of the facility and care for Minnesota veterans.
new text end

new text begin Subd. 3. new text end

new text begin Nonstate contribution. new text end

new text begin The commissioner of administration may accept
contributions of land or money from private individuals, businesses, local governments,
veterans service organizations, and other nonstate sources for the purpose of providing
matching funding when soliciting federal funding for the development of the home.
new text end

new text begin Subd. 4. 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 $18,025,000 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