1.2relating to capital investment; appropriating money for the Miners Memorial
1.3Arena; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1.
MINERS MEMORIAL ARENA.
1.6 Subdivision 1. Appropriation. $7,711,000 is appropriated from the bond proceeds
1.7fund to the commissioner of employment and economic development for a grant to the
1.8city of Virginia to design, construct, furnish, and equip the renovation and expansion,
1.9including demolition, site work, and upgrades to mechanical systems, of the Miners
1.10Memorial Arena in Virginia.
1.11 Subd. 2. Bond sale. To provide the money appropriated in this section from the
1.12bond proceeds fund, the commissioner of management and budget shall sell and issue
1.13bonds of the state in an amount up to $7,711,000 in the manner, upon the terms, and with
1.14the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.15Minnesota Constitution, article XI, sections 4 to 7.
1.16EFFECTIVE DATE.This section is effective the day following final enactment.