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SF 2626

as introduced - 92nd Legislature (2021 - 2022) Posted on 02/01/2022 08:59am

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

Current Version - as introduced

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A bill for an act
relating to capital investment; appropriating money for the Bigfork School and
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 beginBIGFORK SCHOOL AND COMMUNITY CENTER ENHANCEMENT
PROJECT; INDEPENDENT SCHOOL DISTRICT NO. 318.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $1,200,000 is appropriated from the bond proceeds fund
to the Iron Range Resources and Rehabilitation Board for a grant to Minnesota Independent
School District No. 318 to design and construct the renovation and expansion of the Bigfork
Public School. This appropriation may be used to add a community strength training, fitness
and wellness center, public restrooms accessible from the multi-use Bigfork RiverWalk
Trail, and new locker rooms and related amenities for the Bigfork School. The school district
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 $1,200,000 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