1.1 A bill for an act
1.2 relating to capital investment; appropriating money for the Dassel-Cokato school
1.3 district community recreation facility; 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. DASSEL-COKATO SCHOOL DISTRICT; COMMUNITY RECREATION
1.7FACILITY.
1.8 Subdivision 1.Appropriation.$5,000,000 is appropriated from the bond proceeds fund
1.9to the commissioner of education for a grant to Independent School District No. 466,
1.10Dassel-Cokato, to construct, equip, and furnish the community recreation facility. This
1.11appropriation includes money for a walking track, field house, ice rink, gymnastics facility,
1.12and community center.
1.13 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond
1.14proceeds fund, the commissioner of management and budget shall sell and issue bonds of
1.15the state in an amount up to $5,000,000 in the manner, upon the terms, and with the effect
1.16prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota
1.17Constitution, article XI, sections 4 to 7.
1.18 EFFECTIVE DATE.This section is effective the day following final enactment.
1Section 1.
25-03650 as introduced02/10/25 REVISOR JSK/BM
SENATE
STATE OF MINNESOTA
S.F. No. 1873NINETY-FOURTH SESSION
(SENATE AUTHORS: GRUENHAGEN)
OFFICIAL STATUSD-PGDATE
Introduction and first reading02/27/2025
Referred to Capital Investment