SF4357

Purpose

• The bill authorizes state funding for the expansion and renovation of the History Center of Olmsted County Museum facility. It provides a plan to finance the project through a grant to Olmsted County and by issuing state bonds.

Main Provisions

• Subdivision 1 – Appropriation: This bill appropriates 4,000,000 dollars from the bond proceeds fund to the commissioner of employment and economic development to grant Olmsted County money to design, construct, furnish, and equip the expansion and renovation of the History Center of Olmsted County Museum facility. The appropriation is subject to Minnesota law (specifically Minnesota Statutes section 16A.695).
• Subdivision 2 – Bond Sale: The money appropriated will be financed by selling and issuing state bonds up to 4,000,000 dollars. The bond sale must follow the terms and procedures defined in Minnesota Statutes sections 16A.631 to 16A.675 and suit the requirements of the Minnesota Constitution Article XI, sections 4 to 7.

Funding Details

• Source of funds: Bond proceeds fund.
• Financing mechanism: Grant to Olmsted County plus state bonds (up to 4,000,000 dollars) to cover the project costs.
• Responsible agencies: Commissioner of employment and economic development (for the grant) and Commissioner of Management and Budget (for issuing the bonds).

Legal and Procedural Context

• Subject to: Minnesota Statutes section 16A.695 (for the appropriation conditions).
• Bonding framework: The bond sale must comply with Minnesota Statutes sections 16A.631 to 16A.675 and the Minnesota Constitution article XI, sections 4 to 7 (outlining bond issuance processes and constitutional restrictions).

Administration and Oversight

• Implementation: The grant and bond issuance are to be carried out under the oversight and administration of the named state agencies (employment and economic development for the grant; management and budget for the bond sale).
• Project scope: Design, construction, furnishing, and equipping of an expansion and renovation of the History Center of Olmsted County Museum facility.

Significance and Impact

• This bill establishes a municipal-focused capital project funded by state bonds and a grant, enabling Olmsted County to expand and update the History Center Museum facilities.
• It formalizes a specific funding amount and ties the process to established state statutes and constitutional provisions governing bond issuance and state-financed grants.

What this does not do

• It does not create new tax policy or alter existing program structures beyond authorizing the appropriation and the associated bond sale for this project.

Relevant Terms

appropriation; bond proceeds fund; grant to Olmsted County; design; construct; furnish; equip; expansion; renovation; History Center of Olmsted County Museum facility; subject to Minnesota Statutes section 16A.695; bond sale; sell and issue bonds; 4,000,000 dollars; Minnesota Statutes sections 16A.631 to 16A.675; Minnesota Constitution article XI sections 4 to 7; commissioner of employment and economic development; commissioner of management and budget.