Bill > HF1972

This bill provides $7,300,000 in state funding to the city of Breckenridge for the design, construction, furnishing, and equipping of a new community center. The bill authorizes the commissioner of management and budget to sell and issue state bonds to finance the project, with the funds being appropriated from the bond proceeds fund. The city is allowed to enter into a lease or management agreement for the operation of the community center, in compliance with existing state regulations. The bill specifies that the bonds will be issued according to standard state procedures outlined in Minnesota Statutes sections 16A.631 to 16A.675 and in alignment with the Minnesota Constitution's provisions on state bonding. The funding and bonding provisions will take effect the day after the bill is formally enacted, providing the city of Breckenridge with the necessary financial resources to move forward with the community center project.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF1972&ssn=0&y=2025