1.1 A bill for an act
1.2 relating to capital investment; appropriating money for capital improvements at
1.3 the New Hope Golf Course; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. NEW HOPE; GOLF COURSE IMPROVEMENTS.
1.6 Subdivision 1.Appropriation.$853,000 is appropriated from the bond proceeds fund
1.7to the commissioner of employment and economic development for a grant to the city of
1.8New Hope to predesign, design, construct, reconstruct, and equip improvements and
1.9betterments of a capital nature at the New Hope Golf Course. This appropriation includes
1.10money for replacement of the golf course irrigation system, reconstruction of paved golf
1.11cart paths, and a new cold equipment storage facility.
1.12 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond
1.13proceeds fund, the commissioner of management and budget shall sell and issue bonds of
1.14the state in an amount up to $853,000 in the manner, upon the terms, and with the effect
1.15prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota
1.16Constitution, article XI, sections 4 to 7.
1.17 EFFECTIVE DATE.This section is effective the day following final enactment.
1Section 1.
25-03006 as introduced01/29/25 REVISOR JSK/DG
SENATE
STATE OF MINNESOTA
S.F. No. 1031NINETY-FOURTH SESSION
(SENATE AUTHORS: REST)
OFFICIAL STATUSD-PGDATE
Introduction and first reading02/06/2025
Referred to Capital Investment