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A bill for an act
relating to capital investment; appropriating money for an indoor recreational dome
facility in the city of St. Paul; authorizing the sale and issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1.
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ST. PAUL; INDOOR SPORTS DOME.
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Subdivision 1.
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Appropriation.
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$16,000,000 is appropriated from the bond proceeds
fund to the commissioner of employment and economic development for a grant to the city
of St. Paul to predesign, design, construct, and equip an indoor recreational dome facility
at the West Minnehaha Recreation Center for year-round recreational activities, youth sports,
and other community programs and activities.
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Subd. 2.
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Bond sale.
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To provide the money appropriated in this section from the bond
proceeds fund, the commissioner of management and budget shall sell and issue bonds of
the state in an amount up to $16,000,000 in the manner, upon the terms, and with the effect
prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota
Constitution, article XI, sections 4 to 7.
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EFFECTIVE DATE.
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This section is effective the day following final enactment.
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