1.1 A bill for an act
1.2 relating to capital investment; appropriating money for capital improvements at
1.3 the Edina Aquatic Center; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. EDINA; AQUATIC CENTER.
1.6 Subdivision 1.Appropriation.$10,500,000 is appropriated from the bond proceeds
1.7fund to the commissioner of employment and economic development for a grant to the city
1.8of Edina for improvements of a capital nature at the Edina Aquatic Center, including major
1.9projects to preserve or replace mechanical or electrical systems, utility infrastructure, and
1.10site renovations to support ongoing operations, including energy conservation improvements.
1.11 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond
1.12proceeds fund, the commissioner of management and budget shall sell and issue bonds of
1.13the state in an amount up to $10,500,000 in the manner, upon the terms, and with the effect
1.14prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota
1.15Constitution, article XI, sections 4 to 7.
1.16 EFFECTIVE DATE.This section is effective the day following final enactment.
1Section 1.
25-02536 as introduced01/21/25 REVISOR JSK/CH
SENATE
STATE OF MINNESOTA
S.F. No. 1477NINETY-FOURTH SESSION
(SENATE AUTHORS: MANN and Latz)
OFFICIAL STATUSD-PGDATE
Introduction and first reading02/17/2025
Referred to Capital Investment