SF 2840

as introduced - 92nd Legislature (2021 - 2022) Posted on 02/04/2022 10:43am

A bill for an act
relating to capital investment; appropriating money for a regional health and
wellness center in International Falls; authorizing the sale and issuance of state
bonds.

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

Section 1. INTERNATIONAL FALLS; REGIONAL HEALTH AND WELLNESS
CENTER.

Subdivision 1.

Appropriation.

$15,380,000 is appropriated from the bond proceeds
fund to the commissioner of employment and economic development for a grant to the city
of International Falls to construct, renovate, and reconstruct the Kerry Park Recreation
Center and for design; site preparation, including demolition; construction; engineering;
furnishing; and equipping of an expansion to the facility to create a regional health and
wellness center that will provide space for health, wellness, and community gathering
opportunities. This appropriation is exempt from the requirements under Minnesota Statutes,
section 16A.86, subdivision 4.

Subd. 2.

Bond sale.

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 $15,380,000 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.

EFFECTIVE DATE.

This section is effective the day following final enactment.