This bill appropriates $10,000,000 from the bond proceeds fund to the commissioner of employment and economic development for a grant to the city of St. Joseph to construct a community center. The funding is intended to support the development of this facility, which aims to enhance community engagement and services in the area.
To finance the appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the same amount of $10,000,000. The issuance of these bonds will be conducted in accordance with existing Minnesota statutes and constitutional provisions. The bill also specifies that it will take effect the day following its final enactment.