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Minnesota Legislature

Office of the Revisor of Statutes

HF 2787

as introduced - 90th Legislature (2017 - 2018) Posted on 02/20/2018 10:14am

KEY: stricken = removed, old language.
underscored = added, new language.

Current Version - as introduced

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A bill for an act
relating to capital investment; appropriating money for redevelopment of the Fergus
Falls Regional Treatment Center; authorizing the sale and issuance of state bonds.

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

Section 1. new text beginFERGUS FALLS REGIONAL TREATMENT CENTER.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $8,900,000 is appropriated from the bond proceeds fund
to the commissioner of economic development for a grant to the city of Fergus Falls for
phases 2, 3, and 4 of the deconstruction of the former regional treatment center campus to
prepare the site for public use, redevelopment, and historic preservation purposes. This
appropriation includes money for demolition of all or portions of buildings and other
structures deemed unnecessary or undesirable for redevelopment or renovation, removal of
debris, site preparation and remediation, hazardous materials abatement, and improvements
for building envelope and structural integrity to stabilize existing buildings and structures
for redevelopment or renovation.
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 $8,900,000 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