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Bill > SF87


MN SF87

City of Brooklyn Center Opportunity Site public infrastructure bond issuance 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 public infrastructure to serve the Opportunity Site in the city of Brooklyn Center; authorizing the sale and issuance of state bonds.

AI Summary

This bill appropriates $3,000,000 in state bond proceeds to the city of Brooklyn Center for developing public infrastructure at an area called the "Opportunity Site". Specifically, the funding will support predesign, design, site preparation, construction, and equipment for infrastructure improvements, which include utility upgrades, stormwater ponding, road construction, public parking, and other enhancements to facilitate public access and use of the site. The commissioner of management and budget is authorized to sell and issue state bonds up to $3,000,000 to fund these improvements, following standard state bonding procedures outlined in Minnesota Statutes and the state constitution. The bill will take effect immediately after its final enactment, enabling the city to proceed with infrastructure development at the Opportunity Site to potentially support economic development or community needs.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

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

bill text


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