SF 1232

as introduced - 92nd Legislature (2021 - 2022) Posted on 03/26/2021 01:49pm

A bill for an act
relating to capital investment; appropriating money for improvements to the
Washington County Historic Courthouse; authorizing the sale and issuance of state
bonds.

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

Section 1. new text begin WASHINGTON COUNTY; STILLWATER HISTORIC COURTHOUSE.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $2,000,000 is appropriated from the bond proceeds fund
to the commissioner of employment and economic development for a grant to Washington
County to design and construct capital improvements to the Washington County Historic
Courthouse in Stillwater, including exterior building restoration, and replacement of the
roof and dome. This appropriation is not available until the commissioner of management
and budget determines that $3,700,000 has been committed from nonstate sources to complete
the project.
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 $2,000,000 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