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Minnesota Legislature

Office of the Revisor of Statutes

SF 2828

as introduced - 91st Legislature (2019 - 2020) Posted on 04/12/2019 09:00am

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

Current Version - as introduced

Line numbers 1.1 1.2 1.3 1.4
1.5 1.6 1.7 1.8 1.9 1.10 1.11 1.12 1.13 1.14 1.15
1.16

A bill for an act
relating to capital investment; appropriating money for expanding the Runestone
Community Center in Alexandria; authorizing the sale and issuance of state bonds.

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

Section 1. new text beginRUNESTONE COMMUNITY CENTER EXPANSION; ALEXANDRIA.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $4,400,000 is appropriated from the bond proceeds fund
to the commissioner of employment and economic development for a grant to the city of
Alexandria to design, construct, furnish, and equip an expansion and renovation of the
Runestone Community Center in Alexandria. This appropriation is not available until at
least an equal amount is committed from nonstate sources.
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 $4,400,000 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