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A bill for an act
relating to capital investment; appropriating money for capital improvement projects
in the city of Osseo; canceling an appropriation for a grant to the city of Osseo;
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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CANCELLATION; OSSEO LIFT STATION.
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The unexpended, unencumbered amount of the general obligation bond proceeds
appropriated in Laws 2023, chapter 72, article 1, section 23, subdivision 20, is canceled on
the effective date of this section. The corresponding bond sale authorization is reduced by
the same amount.
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EFFECTIVE DATE.
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This section is effective the day following final enactment.
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Sec. 2.
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OSSEO; CENTRAL AVENUE STREETSCAPE.
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Subdivision 1.
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Appropriation.
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$586,000 is appropriated to the commissioner of
employment and economic development for a grant to the city of Osseo to complete
renovation and construction of sidewalks and streetscape improvements on Central Avenue
in downtown Osseo.
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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 $586,000 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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Sec. 3.
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OSSEO; CITY HALL ROOF.
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Subdivision 1.
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Appropriation.
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$214,000 is appropriated from the bond proceeds fund
to the commissioner of employment and economic development for a grant to the city of
Osseo for construction of capital improvements to the city's City Hall building, including
replacement of the roof and renovations to accessibility features.
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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 $214,000 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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Sec. 4.
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OSSEO; PUBLIC WORKS BUILDING.
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Subdivision 1.
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Appropriation.
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$800,000 is appropriated from the bond proceeds fund
to the commissioner of employment and economic development for a grant to the city of
Osseo to construct and equip capital improvements at the Osseo Public Works Building in
the city of Osseo, including acquiring and installing a security system, improving security
fencing, interior office space rehabilitation, and constructing and equipping an addition to
the current building for cold storage.
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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 $800,000 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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