Minnesota 2025 2025-2026 Regular Session

Minnesota Senate Bill SF1 Introduced / Bill

Filed 01/14/2025

                    1.1	A bill for an act​
1.2 relating to capital investment; appropriating money for a campground and​
1.3 recreational area in the city of Brookston; authorizing the sale and issuance of state​
1.4 bonds.​
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:​
1.6 Section 1. BROOKSTON; ST. LOUIS RIVER CAMPGROUND AND​
1.7RECREATIONAL AREA.​
1.8 Subdivision 1.Appropriation.$2,500,000 is appropriated from the bond proceeds fund​
1.9to the commissioner of employment and economic development for a grant to the city of​
1.10Brookston for predesign, design, site preparation, and construction of a campground and​
1.11recreational area, including a road, utilities, green space, boat launch, and a community​
1.12center. This appropriation is exempt from the requirements under Minnesota Statutes, section​
1.1316A.86, subdivision 4.​
1.14 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond​
1.15proceeds fund, the commissioner of management and budget shall sell and issue bonds of​
1.16the state in an amount up to $2,500,000 in the manner, upon the terms, and with the effect​
1.17prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota​
1.18Constitution, article XI, sections 4 to 7.​
1.19 EFFECTIVE DATE.This section is effective the day following final enactment.​
1​Section 1.​
25-00294 as introduced​10/29/24 REVISOR JSK/BM​
SENATE​
STATE OF MINNESOTA​
S.F. No. 1​NINETY-FOURTH SESSION​
(SENATE AUTHORS: RARICK)​
OFFICIAL STATUS​D-PG​DATE​
Introduction and first reading​01/16/2025​
Referred to Capital Investment​