SF 541

as introduced - 90th Legislature (2017 - 2018) Posted on 08/24/2018 07:42am

A bill for an act
relating to capital investment; appropriating money for renovation of Glensheen,
the historic Congdon estate in Duluth; authorizing the sale and issuance of state
bonds.

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

Section 1. new text begin GLENSHEEN MANSION RENOVATION.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $8,000,000 is appropriated from the bond proceeds fund
to the Board of Regents of the University of Minnesota to predesign, design, construct,
furnish, and equip the renovation of Glensheen, the historic Congdon estate in Duluth. This
appropriation is for critical structural repairs and renovation of the south formal terrace
garden and walls, the boat house, and the east kitchen porch and exterior stair of the manor
house, and to reconstruct the pier and break water.
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 $8,000,000 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