Bill Text: MN SF1150 | 2013-2014 | 88th Legislature | Introduced
Bill Title: Duluth Wade stadium improvements bond issue and appropriation
Sponsorship: Bipartisan Bill
Status: (Introduced - Dead) 2014-03-17 - Withdrawn and returned to author [SF1150 Detail]
Download: Minnesota-2013-SF1150-Introduced.html
1.2relating to capital investment; appropriating money for design of renovation of
1.3Wade Stadium in Duluth; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. CITY OF DULUTH; WADE STADIUM RENOVATION.
1.6 Subdivision 1. Appropriation. $250,000 is appropriated from the bond proceeds
1.7fund to the commissioner of employment and economic development for a grant to the
1.8city of Duluth to design improvements to Wade Stadium, including a grandstand and field,
1.9with proper drainage, for a ballpark and public outdoor events facility. This appropriation
1.10is not available until the commissioner determines that at least an equal amount is
1.11committed to the project from nonstate sources.
1.12 Subd. 2. Bond sale. To provide the money appropriated in this section from the
1.13bond proceeds fund, the commissioner of management and budget shall sell and issue
1.14bonds of the state in an amount up to $250,000 in the manner, upon the terms, and with
1.15the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.16Minnesota Constitution, article XI, sections 4 to 7.
1.17EFFECTIVE DATE.This section is effective the day following final enactment.
1.3Wade Stadium in Duluth; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. CITY OF DULUTH; WADE STADIUM RENOVATION.
1.6 Subdivision 1. Appropriation. $250,000 is appropriated from the bond proceeds
1.7fund to the commissioner of employment and economic development for a grant to the
1.8city of Duluth to design improvements to Wade Stadium, including a grandstand and field,
1.9with proper drainage, for a ballpark and public outdoor events facility. This appropriation
1.10is not available until the commissioner determines that at least an equal amount is
1.11committed to the project from nonstate sources.
1.12 Subd. 2. Bond sale. To provide the money appropriated in this section from the
1.13bond proceeds fund, the commissioner of management and budget shall sell and issue
1.14bonds of the state in an amount up to $250,000 in the manner, upon the terms, and with
1.15the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.16Minnesota Constitution, article XI, sections 4 to 7.
1.17EFFECTIVE DATE.This section is effective the day following final enactment.
