The bill proposes an appropriation of $7,000,000 from the bond proceeds fund to the commissioner of employment and economic development for the Duluth Entertainment and Convention Center (DECC). This funding is designated for a variety of capital improvements, including renovations, energy efficiency upgrades, ADA compliance enhancements, and repairs to various facilities within the DECC. Notably, the appropriation is exempt from certain requirements under Minnesota Statutes, which typically govern such funding.
Additionally, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $7,000,000 to finance the appropriated funds. The bond issuance will follow the procedures outlined in Minnesota Statutes and the Minnesota Constitution. The provisions of this bill will take effect the day after it is enacted.