Bill Text: MN SF1963 | 2011-2012 | 87th Legislature | Introduced
Bill Title: Minneapolis Masonic Temple renovation grant bond issue and appropriation
Spectrum: Bipartisan Bill
Status: (Introduced - Dead) 2012-02-20 - Referred to Capital Investment [SF1963 Detail]
Download: Minnesota-2011-SF1963-Introduced.html
1.2relating to capital investment; appropriating money for renovation of the historic
1.3Masonic Temple at the Hennepin Center for the Arts, in Minneapolis; authorizing
1.4the sale and issuance of state bonds.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. MASONIC TEMPLE.
1.7 Subdivision 1. Appropriation. $3,000,000 is appropriated from the bond proceeds
1.8fund to the commissioner of economic development for a grant to the city of Minneapolis
1.9for improvements and betterments of a capital nature to renovate the historic Masonic
1.10Temple at the Hennepin Center for the Arts, in Minneapolis, subject to Minnesota
1.11Statutes, section 16A.695.
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 $3,000,000 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.
1.3Masonic Temple at the Hennepin Center for the Arts, in Minneapolis; authorizing
1.4the sale and issuance of state bonds.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. MASONIC TEMPLE.
1.7 Subdivision 1. Appropriation. $3,000,000 is appropriated from the bond proceeds
1.8fund to the commissioner of economic development for a grant to the city of Minneapolis
1.9for improvements and betterments of a capital nature to renovate the historic Masonic
1.10Temple at the Hennepin Center for the Arts, in Minneapolis, subject to Minnesota
1.11Statutes, section 16A.695.
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 $3,000,000 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.
