Bill Text: MN SF2582 | 2011-2012 | 87th Legislature | Introduced
Bill Title: St. Paul Twin Cities Public Television building renovation grant bond issue and appropriation
Spectrum: Bipartisan Bill
Status: (Introduced - Dead) 2012-03-29 - Referred to Capital Investment [SF2582 Detail]
Download: Minnesota-2011-SF2582-Introduced.html
1.2relating to capital investment; appropriating money for renovation of the Twin
1.3Cities Public Television Building in St. Paul; authorizing the sale and issuance of
1.4state bonds.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. ST. PAUL; TWIN CITIES PUBLIC TELEVISION BUILDING
1.7RENOVATION.
1.8 Subdivision 1. Appropriation. $9,000,000 is appropriated from the bond proceeds
1.9fund to the commissioner of employment and economic development for a grant to the
1.10city of St. Paul to construct and renovate the Twin Cities Public Television Building in
1.11downtown St. Paul. This appropriation is not available until at least an equal amount is
1.12committed to the project from nonstate sources.
1.13 Subd. 2. Bond sale. To provide the money appropriated in this section from the
1.14bond proceeds fund, the commissioner of management and budget shall sell and issue
1.15bonds of the state in an amount up to $9,000,000 in the manner, upon the terms, and with
1.16the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.17Minnesota Constitution, article XI, sections 4 to 7.
1.18EFFECTIVE DATE.This section is effective the day following final enactment.
1.3Cities Public Television Building in St. Paul; authorizing the sale and issuance of
1.4state bonds.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. ST. PAUL; TWIN CITIES PUBLIC TELEVISION BUILDING
1.7RENOVATION.
1.8 Subdivision 1. Appropriation. $9,000,000 is appropriated from the bond proceeds
1.9fund to the commissioner of employment and economic development for a grant to the
1.10city of St. Paul to construct and renovate the Twin Cities Public Television Building in
1.11downtown St. Paul. This appropriation is not available until at least an equal amount is
1.12committed to the project from nonstate sources.
1.13 Subd. 2. Bond sale. To provide the money appropriated in this section from the
1.14bond proceeds fund, the commissioner of management and budget shall sell and issue
1.15bonds of the state in an amount up to $9,000,000 in the manner, upon the terms, and with
1.16the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.17Minnesota Constitution, article XI, sections 4 to 7.
1.18EFFECTIVE DATE.This section is effective the day following final enactment.
