SF 80

as introduced - 90th Legislature (2017 - 2018) Posted on 01/12/2017 08:47am

A bill for an act
relating to capital investment; appropriating money for an opportunity 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 FINDINGS AND PURPOSE.
new text end

new text begin The legislature finds and declares that the goal of housing stability for all Minnesotans
is consistent with the state's responsibility to protect the health, safety, and welfare of its
citizens. Homelessness is the most serious form of housing instability. The legislature finds
and declares that a unique opportunity exists to build upon its past investments and to
advance proven and innovative strategies to prevent and end homelessness for thousands
of Minnesotans by funding the construction of an opportunity center as part of a broad and
comprehensive public-private partnership.
new text end

Sec. 2. new text begin APPROPRIATION; OPPORTUNITY CENTER.
new text end

new text begin $12,000,000 is appropriated from the bond proceeds fund to the commissioner of human
services for a grant to the city of St. Paul to predesign, design, construct, furnish, and equip
an opportunity center to serve as an integrated one-stop delivery system connecting persons
at risk of becoming homeless and persons working to move up and out of homelessness to
services that improve their health, income, housing stability, or well-being. This appropriation
may be used to acquire property for these purposes. This appropriation is not available until
the commissioner of management and budget has determined that at least an equal amount
has been committed to the project from nonstate sources.
new text end

Sec. 3. new text begin BOND SALE.
new text end

new text begin To provide the money appropriated in section 2 from the bond proceeds fund, the
commissioner of management and budget shall sell and issue bonds of the state in an amount
up to $12,000,000 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

Sec. 4. new text begin EFFECTIVE DATE.
new text end

new text begin Sections 1 to 3 are effective the day following final enactment.
new text end