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HF 2934

as introduced - 92nd Legislature (2021 - 2022) Posted on 02/01/2022 11:11am

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 regional health and
wellness center in International Falls; authorizing the sale and issuance of state
bonds.

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

Section 1. new text begin INTERNATIONAL FALLS; REGIONAL HEALTH AND WELLNESS
CENTER.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $15,380,000 is appropriated from the bond proceeds
fund to the commissioner of employment and economic development for a grant to the city
of International Falls to construct, renovate, and reconstruct the Kerry Park Recreation
Center and for design; site preparation, including demolition; construction; engineering;
furnishing; and equipping of an expansion to the facility to create a regional health and
wellness center that will provide space for health, wellness, and community gathering
opportunities. This appropriation is exempt from the requirements under Minnesota Statutes,
section 16A.86, subdivision 4.
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 $15,380,000 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