SF 2598

as introduced - 89th Legislature (2015 - 2016) Posted on 03/15/2016 09:36am

A bill for an act
relating to capital investment; appropriating money for the Regional Earl Ellens
Park and Riverside Center as trailhead for the Willard Munger State Trail;
authorizing the sale and issuance of state bonds.

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

Section 1. new text begin EARL ELLENS PARK AND RIVERSIDE CENTER.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $600,000 is appropriated from the bond proceeds
fund to the commissioner of natural resources for a grant to the city of Moose Lake to
renovate and redevelop the Regional Earl Ellens Park and Riverside Center as trailhead
for the Willard Munger State Trail, under Minnesota Statutes, section 85.015. This
appropriation is for the design, construction, renovation, furnishing, and equipping of
a farmer's market shelter; an addition to the Riverside Center consisting of a lobby,
concessions, restrooms, changing rooms, and trailhead office; and other improvements to
the grounds of Earl Ellens Park of a capital nature. This appropriation is not available
until the remaining cost of the project 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 subdivision 1 from the
bond proceeds fund, the commissioner of management and budget shall sell and issue
bonds of the state in an amount up to $600,000 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