HF 3098

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

A bill for an act
relating to capital improvements; authorizing the sale and issuance of state
bonds; appropriating money to design and construct the All Veterans Memorial
in the city of Richfield.

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

Section 1. new text begin ALL VETERANS MEMORIAL.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $200,000 is appropriated from the bond proceeds
fund to the commissioner of employment and economic development for a grant to the
city of Richfield for the design and construction of the All Veterans Memorial, to be built
in the city-owned Veterans Memorial Park. The All Veterans Memorial will acknowledge
the six branches of military service at the first American flag raising of the battle of Iwo
Jima, and will feature a bronze bust of Charles "Chuck" W. Lindberg, who helped raise the
first flag on February 23, 1945, and was the last flag raiser of both Iwo Jima flag raisings
to pass away. It is anticipated that the total cost of the project is $711,500, with the city
and nonprofit organizations contributing $511,500. This appropriation is not available
until the commissioner of finance has determined that at least an equal amount has been
committed from nonstate sources.
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 subdivision 1 from the
bond proceeds fund, the commissioner of finance shall sell and issue bonds of the state in
an amount up to $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.
new text end

Sec. 2. new text begin EFFECTIVE DATE.
new text end

new text begin Section 1 is effective the day following final enactment.
new text end