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SF 573

as introduced - 89th Legislature (2015 - 2016) Posted on 02/06/2015 08:35am

KEY: stricken = removed, old language.
underscored = added, new language.

Current Version - as introduced

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A bill for an act
relating to capital investment; appropriating money for the Wakan Tipi Center
in the Bruce Vento Nature Sanctuary; authorizing the sale and issuance of state
bonds.

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

Section 1. new text begin SAINT PAUL; WAKAN TIPI CENTER.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $3,000,000 is appropriated from the bond proceeds
fund to the commissioner of employment and economic development for a grant to the
city of Saint Paul to predesign, design, furnish, and equip Wakan Tipi Center in the Bruce
Vento Nature Sanctuary in Saint Paul that will be used for uses and programs that the city
determines meet regional and city park purpose requirements. The city may enter into a
lease or management agreement under Minnesota Statutes, section 16A.695, to operate
the programs in the center. This appropriation is not available until the commissioner
of management and budget determines that at least an equal amount is committed to
the project 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 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 $3,000,000 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