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MN HF2641

Bill

Official Source

Status

Introduced

3/3/2014

Primary Sponsor

Mary Franson

Click for details

Origin

House of Representatives

88th Legislature 2013-2014

AI Summary

  • Appropriates $2,900,000 from the bond proceeds fund to the Commissioner of Employment and Economic Development for a redevelopment grant to the Lakes Area Economic Development Authority
  • Grant funds are designated for acquisition and redevelopment of the Jefferson High School site in Alexandria
  • Funding is contingent on at least $2,600,000 being committed to the project from nonstate sources before the appropriation becomes available
  • Authorizes the Commissioner of Management and Budget to sell and issue state bonds up to $2,900,000 to provide the appropriated funds
  • Takes effect the day following final enactment

Legislative Description

Alexandria; Jefferson High School site acquisition and redevelopment funding provided, bonds issued, and money appropriated.

Last Action

Author added Zellers

5/12/2014

Committee Referrals

Jobs and Economic Development Finance and Policy3/3/2014

Full Bill Text

No bill text available