SF1620

Purpose

• Provide a state-funded grant to the City of Sturgeon Lake for building a new municipal complex that includes a city hall and fire station. The money comes from the bond proceeds fund, and the grant covers land purchase and all phases from predesign through design, construction, furnishing, and equipping.

Main provisions

• Appropriation: 3,500,000 is appropriated from the bond proceeds fund to the commissioner of employment and economic development (DEED) to grant to the City of Sturgeon Lake for the project described above. The appropriation does not require a nonstate match.
• Bond sale: The commissioner of management and budget shall sell and issue state bonds up to 3,500,000 to fund the appropriation, under the terms specified by Minnesota law (Minnesota Statutes sections 16A.631 to 16A.675) and the Minnesota Constitution (article XI, sections 4 to 7).

Significant changes to existing law

• Establishes or formalizes a capital investment project and funding mechanism for Sturgeon Lake, including a state-issued bond authorization to finance the grant.
• Allocates bond proceeds specifically for a city hall and fire station project, with DEED as the grant recipient and no required local match.

Implementation notes

• The project scope includes purchasing land and proceeding through predesign, design, construction, furnishing, and equipping of the new municipal building.

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Relevant Terms

• bond proceeds fund
• appropriation
• grant
• City of Sturgeon Lake
• city hall
• fire station
• land purchase
• predesign
• design
• construct
• furnish
• equip
• nonstate match
• commissioner of employment and economic development (DEED)
• commissioner of management and budget (MMB)
• bonds / bond sale
• Minnesota Statutes 16A.631 to 16A.675
• Minnesota Constitution article XI sections 4 to 7