SF 1054

as introduced - 90th Legislature (2017 - 2018) Posted on 02/21/2017 09:11am

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

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

Section 1. new text begin PLYMOUTH ICE CENTER.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $2,268,000 is appropriated from the bond proceeds fund
to the commissioner of employment and economic development for a grant to the city of
Plymouth to predesign, design, construct, furnish, and equip the renovation of the Plymouth
Ice Center. This project also includes resizing an existing ice sheet for energy efficiencies,
roof repairs, mandated transition from R22 Freon to an ammonia based system, and parking
lot enhancements. This appropriation is not available until the commissioner of management
and budget determines that at least $2,119,000 is committed to the project 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 $2,268,000 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