SF 1

10/29/24  REVISOR  JSK/BM  25-00294       as introduced
  SENATE
  STATE OF MINNESOTA
  NINETY-FOURTH SESSION  S.F. No. 1
  (SENATE AUTHORS: RARICK)
  DATE       D-PG  OFFICIAL STATUS
  01/16/2025       58 Introduction and first reading
  Referred to Capital Investment
1.1A bill for an act
1.2relating to capital investment; appropriating money for a campground and
1.3recreational area in the city of Brookston; authorizing the sale and issuance of state
1.4bonds.
1.5    BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6Section 1. BROOKSTON; ST. LOUIS RIVER CAMPGROUND AND
1.7    RECREATIONAL AREA.
1.8Subdivision 1. Appropriation. $2,500,000 is appropriated from the bond proceeds fund
1.9    to the commissioner of employment and economic development for a grant to the city of
1.10   Brookston for predesign, design, site preparation, and construction of a campground and
1.11   recreational area, including a road, utilities, green space, boat launch, and a community
1.12   center. This appropriation is exempt from the requirements under Minnesota Statutes, section
1.13   16A.86, subdivision 4.
1.14Subd. 2. Bond sale. To provide the money appropriated in this section from the bond
1.15   proceeds fund, the commissioner of management and budget shall sell and issue bonds of
1.16   the state in an amount up to $2,500,000 in the manner, upon the terms, and with the effect
1.17   prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota
1.18   Constitution, article XI, sections 4 to 7.
1.19EFFECTIVE DATE. This section is effective the day following final enactment.
Section 1.  1