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HF 458

as introduced - 93rd Legislature (2023 - 2024) Posted on 02/28/2024 05:46pm

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 phase 2 of the Avivo
regional treatment, career, and employment center campus in Hennepin County;
authorizing the sale and issuance of state bonds.

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

Section 1. new text begin HENNEPIN COUNTY; AVIVO PHASE 2.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $25,000,000 is appropriated from the bond proceeds
fund to the commissioner of employment and economic development for a grant to Hennepin
County for phase 2 of the Avivo regional treatment, career, and employment center campus
generally located at 1825, 1900, 1904, and 1908 Chicago Avenue in Minneapolis. Phase 2
may include design, site preparation including without limitation demolition, any required
environmental remediation, any necessary off-site capital improvements, renovation of
existing buildings on the Avivo campus, new construction on the Avivo campus, and
furnishing and equipping the improvements on the Avivo campus.
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 $25,000,000 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