as introduced - 88th Legislature (2013 - 2014) Posted on 03/11/2014 10:14am
A bill for an act
relating to capital investment; appropriating money for the city of Hermantown
to develop a regional health and wellness center; authorizing the sale and
issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$250,000 is appropriated from the bond proceeds
fund to the commissioner of employment and economic development for a grant to the
city of Hermantown to predesign and design a health and wellness center to meet the
needs of the multigenerational population in the region. The facility will be located on the
Hermantown School District campus and may be operated in collaboration with the Young
Men's Christian Association. This appropriation does not require a local match.
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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 $250,000 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.
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This section is effective the day following final enactment.
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