HF 2839

as introduced - 85th Legislature (2007 - 2008) Posted on 12/15/2009 12:00am

A bill for an act
relating to capital improvements; authorizing the issuance of state bonds;
appropriating money for a grant to the city of Mankato to predesign and design a
performing arts theater and Southern Minnesota Women's Hockey Exposition
Center.

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

Section 1. PERFORMING ARTS THEATER AND SOUTHERN MINNESOTA
WOMEN'S HOCKEY EXPOSITION CENTER; APPROPRIATION.

Subdivision 1.

Appropriation.

$1,200,000 is appropriated from the bond proceeds
fund to the commissioner of employment and economic development for a grant to the
city of Mankato to predesign and design a performing arts theater and Southern Minnesota
Women's Hockey Exposition Center attached to the Mankato Civic Center for use by
Minnesota State University, Mankato.

This appropriation is not available until the commissioner has determined that at
least an equal amount has been committed to the project from nonstate sources.

Subd. 2.

Bond sale.

To provide the money appropriated in this act from the bond
proceeds fund, the commissioner of finance shall sell and issue bonds of the state in an
amount up to $1,200,000 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.

Sec. 2. EFFECTIVE DATE.

This act is effective the day following final enactment.