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Bill > SF125


MN SF125

Tamarack school building demolition 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 demolition of the Tamarack school building; authorizing the sale and issuance of state bonds.

AI Summary

This bill provides funding and authorization for the demolition of the Tamarack school building. Specifically, the bill appropriates $20,000 from state bond proceeds to the commissioner of employment and economic development, which will be granted to the city of Tamarack for the demolition project. The funding will cover the separation and removal of the school building from the gymnasium and shop area, with additional funds allocated for debris removal, site remediation, hazardous materials abatement, and restoration of exposed interior walls. The bill aims to address blighted conditions and facilitate future redevelopment of the site. To finance this project, the commissioner of management and budget is authorized to sell and issue state bonds up to $20,000, following standard state bonding procedures outlined in Minnesota Statutes and the state constitution. The bill will become effective immediately after its final enactment, allowing the city to proceed with the demolition and site improvement efforts.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

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

bill text


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