as introduced - 82nd Legislature (2001 - 2002) Posted on 12/15/2009 12:00am
1.1 A bill for an act 1.2 relating to capital investment; authorizing spending 1.3 to acquire and to better public land and buildings and 1.4 other public improvements of a capital nature; 1.5 providing for a grant to the city of St. Paul for 1.6 community center facilities associated with a new 1.7 armory; authorizing issuance of bonds; appropriating 1.8 money. 1.9 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.10 Section 1. [ST. PAUL COMMUNITY CENTER AND ARMORY.] 1.11 $5,000,000 is appropriated from the bond proceeds fund to 1.12 the commissioner of trade and economic development for a grant 1.13 to the city of St. Paul to acquire land in St. Paul, prepare a 1.14 site, including any contamination cleanup needed, predesign and 1.15 design, and construct a community center and athletic facilities 1.16 associated with construction of a new armory. 1.17 Sec. 2. [AUTHORIZATION.] 1.18 To provide the money appropriated in section 1 from the 1.19 bond proceeds fund, the commissioner of finance shall sell and 1.20 issue bonds of the state in an amount up to $5,000,000 in the 1.21 manner, on the terms, and with the effect prescribed by 1.22 Minnesota Statutes, sections 16A.631 to 16A.675, and by the 1.23 Minnesota Constitution, article XI, sections 4 to 7. 1.24 Sec. 3. [EFFECTIVE DATE.] 1.25 Sections 1 and 2 are effective the day following final 1.26 enactment.