1.1 A bill for an act
1.2 relating to capital investment; appropriating money for capital improvements at
1.3 the St. Croix Valley Recreation Center in the city of Stillwater; authorizing the
1.4 sale and issuance of state bonds.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. STILLWATER; ST. CROIX VALLEY RECREATION CENTER.
1.7 Subdivision 1.Appropriation.$24,796,000 is appropriated from the bond proceeds
1.8fund to the commissioner of employment and economic development for a grant to the city
1.9of Stillwater to predesign, design, construct, renovate, furnish, and equip a renovation and
1.10expansion of the St. Croix Valley Recreation Center. This appropriation includes money
1.11for a renovation and expansion of locker rooms, lobby space, and common areas; stormwater
1.12improvements; parking improvements; and the addition of a regional curling center facility.
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 $24,796,000 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.
25-02051 as introduced01/14/25 REVISOR JSK/LJ
SENATE
STATE OF MINNESOTA
S.F. No. 804NINETY-FOURTH SESSION
(SENATE AUTHORS: HOUSLEY)
OFFICIAL STATUSD-PGDATE
Introduction and first reading01/30/2025
Referred to Capital Investment