Purpose of the Bill

The purpose of this bill is to improve and upgrade the regional ice arena in the city of La Crescent, Minnesota. It aims to secure funding for necessary renovations to enhance the facility's sustainability and functionality.

Main Provisions

• Appropriation of Funds: The bill allocates $4,000,000 from the bond proceeds fund specifically for the renovation of the La Crescent regional ice arena. This budget will address design, construction, and equipment upgrades.
• Renovation Goals: Renovations include replacing the existing ice system that currently uses the R22 refrigerant with a more environmentally friendly option. Additionally, a rooftop solar energy system will be installed to improve energy efficiency.
• Bond Sale Authorization: To facilitate these renovations, the bill authorizes the sale and issuance of state bonds totaling up to $4,000,000. These bonds are governed by specific Minnesota Statutes and the Minnesota Constitution, ensuring they are sold and issued appropriately.

Significant Changes to Existing Law

• This bill does not modify existing law but rather enacts a new capital investment initiative specifically for the La Crescent regional ice arena. It introduces a dedicated funding mechanism through state bonds for this purpose.

Relevant Terms

• Capital investment
• La Crescent ice arena
• R22 refrigerant
• Rooftop solar energy system
• Bond proceeds fund
• State bonds