1 | 1 | | 1.1 A bill for an act |
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2 | 2 | | 1.2 relating to capital investment; appropriating money for the Brooklyn Park Northwest |
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3 | 3 | | 1.3 Metro Regional Athletic Facility; authorizing the sale and issuance of state bonds. |
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4 | 4 | | 1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: |
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5 | 5 | | 1.5 Section 1. BROOKLYN PARK; NORTHWEST METRO REGIONAL ATHLETIC |
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6 | 6 | | 1.6FACILITY. |
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7 | 7 | | 1.7 Subdivision 1.Appropriation.$9,500,000 is appropriated from the bond proceeds fund |
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8 | 8 | | 1.8to the commissioner of employment and economic development for a grant to the city of |
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9 | 9 | | 1.9Brooklyn Park to construct, furnish, and equip an addition to the Brooklyn Park community |
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10 | 10 | | 1.10activity center to create a Northwest Metro Regional Athletic Facility, including multicourt |
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11 | 11 | | 1.11gymnasium space. |
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12 | 12 | | 1.12 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond |
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13 | 13 | | 1.13proceeds fund, the commissioner of management and budget shall sell and issue bonds of |
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14 | 14 | | 1.14the state in an amount up to $9,500,000 in the manner, upon the terms, and with the effect |
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15 | 15 | | 1.15prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota |
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16 | 16 | | 1.16Constitution, article XI, sections 4 to 7. |
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17 | 17 | | 1.17 EFFECTIVE DATE.This section is effective the day following final enactment. |
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18 | 18 | | 1Section 1. |
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19 | 19 | | 25-02818 as introduced01/27/25 REVISOR JSK/LJ |
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20 | 20 | | SENATE |
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21 | 21 | | STATE OF MINNESOTA |
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22 | 22 | | S.F. No. 1186NINETY-FOURTH SESSION |
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23 | 23 | | (SENATE AUTHORS: HOFFMAN and Pha) |
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24 | 24 | | OFFICIAL STATUSD-PGDATE |
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25 | 25 | | Introduction and first reading02/10/2025 |
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26 | 26 | | Referred to Capital Investment |
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