Minnesota 2025-2026 Regular Session

Minnesota Senate Bill SF1960 Latest Draft

Bill / Introduced Version Filed 02/25/2025

                            1.1	A bill for an act​
1.2 relating to capital investment; appropriating money for construction of a new​
1.3 National Loon Center in the city of Crosslake; authorizing the sale and issuance​
1.4 of state bonds.​
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:​
1.6 Section 1. CROSSLAKE; NATIONAL LOON CENTER.​
1.7 Subdivision 1.Appropriation.$6,500,000 is appropriated from the bond proceeds fund​
1.8to the commissioner of natural resources for a grant to the city of Crosslake to construct,​
1.9furnish, and equip a new building and adjacent outdoor public space improvements, including​
1.10surface lot parking areas, in the city of Crosslake to house the National Loon Center, to​
1.11provide visitor, education, and exhibit facilities for the general public.​
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 $6,500,000 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.​
1​Section 1.​
25-02713 as introduced​01/24/25 REVISOR JSK/AC​
SENATE​
STATE OF MINNESOTA​
S.F. No. 1960​NINETY-FOURTH SESSION​
(SENATE AUTHORS: HAWJ, Eichorn, Utke, Housley and Pappas)​
OFFICIAL STATUS​D-PG​DATE​
Introduction and first reading​02/27/2025​
Referred to Capital Investment​