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MN HF2526
Bill
Status
2/27/2012
Primary Sponsor
Tim Kelly
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AI Summary
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Appropriates $612,000 from bond proceeds to the commissioner of employment and economic development for a grant to the city of Red Wing for design, construction, furnishing, and equipping the Sheldon Theatre renovation.
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Funding is contingent on the city of Red Wing or other nonstate sources committing an equal amount ($612,000) to the project.
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Authorizes the commissioner of management and budget to sell and issue state bonds up to $612,000 to fund the appropriation.
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Bond issuance follows procedures outlined in Minnesota Statutes sections 16A.631 to 16A.675 and Minnesota Constitution article XI, sections 4 to 7.
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Effective the day following final enactment.
Legislative Description
Red Wing; Sheldon Theatre funding provided, bonds issued, and money appropriated.
Last Action
Introduction and first reading, referred to Jobs and Economic Development Finance
2/27/2012