1.1 A bill for an act 1.2 relating to capital investment; appropriating money for capital improvements to 1.3 Heritage Village Park in the city of Inver Grove Heights; authorizing the sale and 1.4 issuance of state bonds. 1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.6 Section 1. INVER GROVE HEIGHTS; HERITAGE VILLAGE PARK. 1.7 Subdivision 1.Appropriation.$3,000,000 is appropriated from the bond proceeds fund 1.8to the commissioner of employment and economic development for a grant to the city of 1.9Inver Grove Heights to design, construct, furnish, and equip improvements and betterments 1.10of a capital nature to Heritage Village Park in the city of Inver Grove Heights. This 1.11appropriation includes money for an amphitheater, open-air picnic shelter or shelters, 1.12restroom building with storage, a parking lot expansion, landscaping, and related park 1.13furnishings and amenities. 1.14 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond 1.15proceeds fund, the commissioner of management and budget shall sell and issue bonds of 1.16the state in an amount up to $3,000,000 in the manner, upon the terms, and with the effect 1.17prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 1.18Constitution, article XI, sections 4 to 7. 1.19 EFFECTIVE DATE.This section is effective the day following final enactment. 1Section 1. 25-04483 as introduced02/28/25 REVISOR JSK/ES SENATE STATE OF MINNESOTA S.F. No. 2414NINETY-FOURTH SESSION (SENATE AUTHORS: KLEIN) OFFICIAL STATUSD-PGDATE Introduction and first reading03/13/2025 Referred to Capital Investment