1 | 1 | | 1.1 A bill for an act |
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2 | 2 | | 1.2 relating to capital investment; appropriating money for capital improvements to |
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3 | 3 | | 1.3 the Apple Valley Sports Arena; 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. APPLE VALLEY SPORTS ARENA. |
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6 | 6 | | 1.6 Subdivision 1.Appropriation.$8,000,000 is appropriated from the bond proceeds fund |
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7 | 7 | | 1.7to the commissioner of employment and economic development for a grant to Independent |
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8 | 8 | | 1.8School District No. 196, Rosemount-Apple Valley-Eagan, to predesign, design, construct, |
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9 | 9 | | 1.9renovate, furnish, and equip improvements and betterments of a capital nature at the Apple |
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10 | 10 | | 1.10Valley Sports Arena located in the city of Apple Valley. This appropriation includes money |
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11 | 11 | | 1.11for upgrades to administrative offices, public lobby areas, public restrooms, locker rooms |
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12 | 12 | | 1.12designated for community and high school student use, improvements to address Americans |
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13 | 13 | | 1.13with Disabilities Act compliance issues, energy efficiency upgrades, and safety and security |
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14 | 14 | | 1.14systems. |
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15 | 15 | | 1.15 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond |
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16 | 16 | | 1.16proceeds fund, the commissioner of management and budget shall sell and issue bonds of |
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17 | 17 | | 1.17the state in an amount up to $8,000,000 in the manner, upon the terms, and with the effect |
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18 | 18 | | 1.18prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota |
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19 | 19 | | 1.19Constitution, article XI, sections 4 to 7. |
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20 | 20 | | 1.20 EFFECTIVE DATE.This section is effective the day following final enactment. |
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21 | 21 | | 1Section 1. |
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22 | 22 | | 25-00693 as introduced12/03/24 REVISOR JSK/BM |
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23 | 23 | | SENATE |
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24 | 24 | | STATE OF MINNESOTA |
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25 | 25 | | S.F. No. 266NINETY-FOURTH SESSION |
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26 | 26 | | (SENATE AUTHORS: MAYE QUADE) |
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27 | 27 | | OFFICIAL STATUSD-PGDATE |
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28 | 28 | | Introduction and first reading01/16/2025 |
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29 | 29 | | Referred to Capital Investment |
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