as introduced - 93rd Legislature (2023 - 2024) Posted on 03/22/2023 08:13am
A bill for an act
relating to capital investment; appropriating money for an expansion of the Lake
Crystal Area Recreation Center; authorizing the sale and issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$750,000 is appropriated from the bond proceeds fund
to the commissioner of employment and economic development for a grant to the city of
Lake Crystal to design, construct, renovate, furnish, and equip an expansion of the Lake
Crystal Area Recreation Center. The city may enter into a lease or management agreement
for operation of the program, under Minnesota Statutes, section 16A.695.
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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 $750,000 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.
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This section is effective the day following final enactment.
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