HF 3758

as introduced - 90th Legislature (2017 - 2018) Posted on 03/14/2018 11:44am

A bill for an act
relating to capital investment; appropriating money for the Nobles County Resource
Center; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin NOBLES COUNTY RESOURCE CENTER.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $26,000,000 is appropriated from the bond proceeds
fund to the commissioner of employment and economic development for a grant to Nobles
County for design, engineering, and construction of the Nobles County Resource Center
on the site of the former Campbell's Soup facility in the city of Worthington. The new
facility shall provide space for Nobles County and Independent School District No. 518,
Worthington, and shall provide library and human services support functions, as well as
community education, integration, and a welcome center for new residents to the region.
This appropriation is available when the commissioner of management and budget determines
that sufficient resources have been committed to complete the project, as required by
Minnesota Statutes, section 16A.502.
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 $26,000,000 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