SF 1920

as introduced - 90th Legislature (2017 - 2018) Posted on 03/09/2017 08:13am

A bill for an act
relating to capital investment; appropriating money for a satellite federally qualified
health care center in Austin; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin AUSTIN; HEALTH CARE CENTER.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $6,500,000 is appropriated from the bond proceeds fund
to the commissioner of employment and economic development for a grant to the city of
Austin to acquire real property and predesign, design, construct, renovate, furnish, and equip
a federally qualified health care center in the city of Austin as a satellite of the clinic in
Mankato. This appropriation may be used for new construction or renovation of existing
real property, or a combination of new construction and renovation. This appropriation is
available when the commissioner of management and budget determines that at least an
equal amount has been committed to the project from nonstate sources, subject to Minnesota
Statutes, section 16A.502.
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 $6,500,000 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