Purpose

• The bill authorizes a state capital investment to improve safety at the Ordway Center for the Performing Arts in St. Paul. It appropriates $10 million to the commissioner of employment and economic development to grant to the City of St. Paul for the design, renovation, and equipment of capital safety improvements at the Ordway Center. It also authorizes the sale of bonds to fund this appropriation.

Main Provisions

• Appropriation: $10,000,000 is appropriated to the commissioner of employment and economic development to provide a grant to the City of St. Paul for designing, renovating, and equipping capital safety improvements at the Ordway Center for the Performing Arts.
• Bond Sale: The money for the appropriation will come from the bond proceeds fund. The commissioner of management and budget must sell and issue state bonds up to $10,000,000 to finance this appropriation.
• Compliance: Bond issuance must follow the terms and effects outlined in Minnesota Statutes sections 16A.631 to 16A.675 and Minnesota Constitution Article XI sections 4 to 7.

What the bill seeks to accomplish

• Provide funding to enhance safety at the Ordway Center for the Performing Arts through a state-backed loan mechanism (bonds) and a grant to the City of St. Paul for project design, renovation, and equipment.

Significant changes to existing law

• Creates a new appropriation of $10 million for Ordway Center safety improvements.
• Authorizes the state to issue up to $10 million in bonds to fund this appropriation, to be handled in accordance with existing bond statutes and constitutional provisions.

Entities involved

• City of St. Paul (recipient of the grant)
• Ordway Center for the Performing Arts (project site)
• Commissioner of Employment and Economic Development (administers the grant)
• Commissioner of Management and Budget (responsible for issuing bonds)

Fiscal context

• This is a capital investment funded by state bonds, not an annual operating expense. The funding mechanism relies on the bond proceeds fund and statutory/balance-of-law requirements for bond sales.

Relevant Terms - Ordway Center for the Performing Arts - capital safety improvements - safety upgrades - design - renovation - equipment - grant - City of St. Paul - commissioner of employment and economic development - bond proceeds fund - sale and issuance of bonds - up to $10,000,000 - Minnesota Statutes 16A.631 to 16A.675 - Minnesota Constitution Article XI sections 4 to 7 - appropriation - capital investment