SF 1797

as introduced - 93rd Legislature (2023 - 2024) Posted on 06/20/2023 10:46am

A bill for an act
relating to capital investment; appropriating money for a grant to the city of Bigfork
for the community center enhancement project; authorizing the sale and issuance
of state bonds.

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

Section 1. new text begin CITY OF BIGFORK COMMUNITY CENTER ENHANCEMENT
PROJECT.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $1,500,000 is appropriated from the bond proceeds fund
to the Iron Range Resources and Rehabilitation Board for a grant to the city of Bigfork to
design and construct the renovation and expansion of the Bigfork community center. This
appropriation may be used to add a community strength training, fitness, and wellness
center; public restrooms accessible from the multiuse Bigfork River Walk Trail; and new
locker rooms and related amenities for the Bigfork school. The city may enter into a lease
or management agreement under Minnesota Statutes, section 16A.695. This appropriation
is available when the commissioner of management and budget determines that an amount
sufficient to complete the project has been committed to 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 $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