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MN SF14

Woodbury La Lake Park bond issue and appropriation


summary

Introduced
01/16/2025
In Committee
01/16/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to capital investment; appropriating money for La Lake Park in the city of Woodbury; authorizing the sale and issuance of state bonds.

AI Summary

This bill appropriates $2,000,000 from the state bond proceeds fund to the Metropolitan Council for a grant to the city of Woodbury specifically for La Lake Park improvements. The funding will be used to design, construct, and equip park facilities and infrastructure, including an open-air shelter with restrooms, picnic areas, trails and a trailhead, and other site amenities. Additionally, the appropriation covers stormwater management infrastructure and natural resource site improvements aimed at protecting water quality and enhancing ecosystem health. The bill authorizes the commissioner of management and budget to sell and issue state bonds up to $2,000,000 to finance the project, following standard state bonding procedures outlined in Minnesota Statutes and the state Constitution. The bill would become effective the day after it is enacted, providing immediate authorization for the park development project in Woodbury.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred to Capital Investment (on 01/16/2025)

bill text


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