1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for a community civic center 
1.3 	in the city of Cohasset; authorizing the sale and issuance of state bonds.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. COHASSET; CIVIC CENTER.
 1.6 		Subdivision 1.Appropriation. $16,000,000 is appropriated from the bond proceeds 
1.7 	fund to the commissioner of employment and economic development for a grant to the city 
1.8 	of Cohasset to predesign, design, construct, furnish, and equip a regional event and civic 
1.9 	center, to include an indoor ice arena, indoor turf field, community gathering space, and 
1.10 	associated recreational and public amenities. This project is part of the Cohasset Mississippi 
1.11 	Riverfront Development under Laws 2020, 5th Special Session chapter 3, article 1, section 
1.12 	21, subdivision 13.
1.13 		Subd. 2.Bond sale. To provide the money appropriated in this section from the bond 
1.14 	proceeds fund, the commissioner of management and budget shall sell and issue bonds of 
1.15 	the state in an amount up to $16,000,000 in the manner, upon the terms, and with the effect 
1.16 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.17 	Constitution, article XI, sections 4 to 7.

1.18 	EFFECTIVE DATE. This section is effective the day following final enactment.