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HF 2734

as introduced - 91st Legislature (2019 - 2020) Posted on 03/27/2019 11:16am

KEY: stricken = removed, old language.
underscored = added, new language.
Line numbers 1.1 1.2 1.3 1.4 1.5
1.6 1.7 1.8 1.9 1.10 1.11 1.12 1.13 1.14 1.15 1.16

A bill for an act
relating to capital investment; appropriating money for asset preservation of the
Central Square Center in Glenwood; authorizing the sale and issuance of state


Section 1. new text beginGLENWOOD; CENTRAL SQUARE CENTER.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $250,000 is appropriated from the bond proceeds fund
to the commissioner of employment and economic development for a grant to the city of
Glenwood for roof repair and other asset preservation improvements to the Central Square
Cultural and Civic Center. The city may enter into a lease or management agreement under
Minnesota Statutes, section 16A.695, for operation of the center.
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 $250,000 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