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HF 2486

as introduced - 92nd Legislature (2021 - 2022) Posted on 04/09/2021 11:30am

KEY: stricken = removed, old language.
underscored = added, new language.
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A bill for an act
relating to capital investment; appropriating money for a new county courthouse
in Traverse County; authorizing the sale and issuance of state bonds.

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

Section 1. new text beginTRAVERSE COUNTY COURTHOUSE.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $7,500,000 is appropriated from the bond proceeds fund
to the commissioner of employment and economic development for a grant to Traverse
County to demolish the existing county courthouse in Wheaton, and to predesign, design,
construct, furnish, and equip a courthouse on the same location. This appropriation is not
available until the commissioner of management and budget determines that at least $587,000
has been committed from nonstate sources to complete the project.
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 $7,500,000 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