SF 4436

as introduced - 93rd Legislature (2023 - 2024) Posted on 03/01/2024 09:53am

A bill for an act
relating to capital investment; appropriating money for construction of a new
National Loon Center in the city of Crosslake; authorizing the sale and issuance
of state bonds.

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

Section 1. new text begin CROSSLAKE; NATIONAL LOON 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 natural resources for a grant to the city of Crosslake for site
preparation and to construct, furnish, and equip a new building and adjacent outdoor public
space improvements, including surface lot parking areas, in the city of Crosslake to house
the National Loon Center, to provide visitor, education, and exhibit facilities for the general
public.
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