1.1 A bill for an act
1.2 relating to capital investment; appropriating money for improvements to Carey
1.3 Lake Recreation Area in the city of Hibbing; authorizing the sale and issuance of
1.4 state bonds.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. HIBBING; CAREY LAKE RECREATION AREA.
1.7 Subdivision 1.Appropriation.$5,200,000 is appropriated from the bond proceeds fund
1.8to the commissioner of employment and economic development for a grant to the city of
1.9Hibbing to design, construct, furnish and equip improvements and amenities to enhance
1.10recreational opportunities in Carey Lake Recreation Area. This appropriation includes
1.11money for improvements to the beach area, campground, park roads, for new ski, bike, and
1.12multipurpose trails, and for other site improvements to park facilities and infrastructure.
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 $5,200,000 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.
25-00884 as introduced12/17/24 REVISOR JSK/DG
SENATE
STATE OF MINNESOTA
S.F. No. 858NINETY-FOURTH SESSION
(SENATE AUTHORS: FARNSWORTH)
OFFICIAL STATUSD-PGDATE
Introduction and first reading02/03/2025
Referred to Capital Investment