HF 238

as introduced - 91st Legislature (2019 - 2020) Posted on 01/22/2019 11:58am

A bill for an act
relating to capital investment; appropriating money for the Chatfield Center for
the Arts; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin CHATFIELD CENTER FOR THE ARTS.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $9,700,000 is appropriated from the bond proceeds fund
to the commissioner of employment and economic development for a grant to the city of
Chatfield economic development authority to predesign, design, renovate, construct, furnish,
and equip Phase III of the Chatfield Center for the Arts in the city of Chatfield, which is
generally described as the renovation of the 1916 high school and the installation of a linking
structure and related improvements to serve both the 1936 auditorium building and the 1916
school building. The renovation shall include interior, exterior, and amenity improvements
within the high school building, improvements to the electrical, plumbing, and HVAC
systems throughout the property, and general improvements to the buildings and land that
are known as the Chatfield Center for the Arts, currently owned by the economic development
authority. Money, land and buildings, and in-kind contributions provided to the center before
the enactment of this section are considered to be sufficient local match, and no further local
match is required.
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 $9,700,000 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