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SF 1424

as introduced - 92nd Legislature (2021 - 2022) Posted on 03/26/2021 01:55pm

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

Current Version - as introduced

Line numbers 1.1 1.2 1.3 1.4
1.5 1.6 1.7 1.8 1.9 1.10 1.11 1.12 1.13 1.14 1.15 1.16 1.17 1.18 1.19 1.20 1.21 1.22 1.23 2.1 2.2 2.3 2.4 2.5 2.6 2.7
2.8

A bill for an act
relating to capital investment; appropriating money for a regional arts and heritage
center in the city of Scandia; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin SCANDIA; WATER TOWER BARN ARTS AND HERITAGE CENTER.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin (a) $1,500,000 is appropriated from the bond proceeds
fund to the commissioner of employment and economic development for a grant to the city
of Scandia to predesign, design, construct, furnish, and equip the Scandia Water Tower
Barn Arts and Heritage Center in the city of Scandia. This appropriation is for the
reconstruction and rehabilitation of the historic Scandia water tower barn for reuse as a
regional arts and heritage center, along with construction of an amphitheater and site
improvements. This facility will be located adjacent to the Gammelgarden Museum and
will complement the telling of the important story of the state's original Swedish immigrant
community. The water tower barn is the state's only remaining water tower barn tank house
and is eligible for listing on the National Register of Historic Places for its unique engineering
significance and the role that tank house facilities played in the evolution from the agrarian
to the early 20th century mercantile economy.
new text end

new text begin (b) This appropriation is not available until the commissioner of management and budget
has determined that an equal amount, sufficient to complete the project, has been committed
from nonstate sources. Amounts contributed and the fair market value of (1) the land leased
by the city of Scandia, (2) the contributed historic structure, and (3) in-kind contributions,
whether provided before or after the enactment of this section, are eligible to be part of the
nonstate match for the project. The city of Scandia may enter into a lease or management
agreement with a nonprofit corporation for the operation of these facilities under Minnesota
Statutes, section 16A.695.
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 $1,500,000 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