Bill Text: MN HF2338 | 2013-2014 | 88th Legislature | Introduced


Bill Title: St. Louis County; economic development center and mental health center funding provided, bonds issued, and money appropriated.

Spectrum: Partisan Bill (Democrat 3-0)

Status: (Introduced - Dead) 2014-02-25 - Introduction and first reading, referred to Jobs and Economic Development Finance and Policy [HF2338 Detail]

Download: Minnesota-2013-HF2338-Introduced.html

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

1.5    Section 1. ECONOMIC OPPORTUNITY AND MENTAL HEALTH CENTER;
1.6VIRGINIA.
1.7    Subdivision 1. Appropriation. $10,000,000 is appropriated from the bond proceeds
1.8fund to the commissioner of employment and economic development for a grant to St.
1.9Louis County to design, construct, furnish, and equip a new building at 701 4th Street N in
1.10Virginia, Minnesota, to house a jobs and economic development center and a mental health
1.11facility. St. Louis County may enter into one or more lease or management agreements
1.12for the facility, subject to Minnesota Statutes, section 16A.695. This appropriation is not
1.13available until the commissioner has determined that an amount sufficient to complete the
1.14project has been committed from nonstate sources.
1.15    Subd. 2. Bond sale. To provide the money appropriated in this section from the
1.16bond proceeds fund, the commissioner of management and budget shall sell and issue
1.17bonds of the state in an amount up to $10,000,000 in the manner, upon the terms, and with
1.18the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.19Minnesota Constitution, article XI, sections 4 to 7.
1.20EFFECTIVE DATE.This section is effective the day following final enactment.
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