1.1 A bill for an act
1.2 relating to capital investment; appropriating money for improvements to Riverfront
1.3 Park in the city of Mankato; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. MANKATO; RIVERFRONT PARK.
1.6 Subdivision 1.Appropriation.$1,800,000 is appropriated from the bond proceeds fund
1.7to the commissioner of employment and economic development for a grant to the city of
1.8Mankato to design, construct, furnish, and equip improvements to the Vetter Stone
1.9Amphitheater and to design and construct replacement of the boat launch, in Riverfront
1.10Park.
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 $1,800,000 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.
25-02020 as introduced01/16/25 REVISOR JSK/DG
SENATE
STATE OF MINNESOTA
S.F. No. 732NINETY-FOURTH SESSION
(SENATE AUTHORS: FRENTZ)
OFFICIAL STATUSD-PGDATE
Introduction and first reading01/27/2025
Referred to Capital Investment