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Bill > SF216


MN SF216

MN SF216
Opus Public Space project in Minnetonka 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 the Opus Public Space project in the city of Minnetonka; authorizing the sale and issuance of state bonds.

AI Summary

This bill provides $15 million in state bond funding for a public space project in Minnetonka, Minnesota, specifically for acquiring property and developing a new public gathering space near the Southwest Light Rail Transit Opus station. The project will include creating a plaza, parking areas, trails, and other visitor amenities and infrastructure. This appropriation is additional to a previous appropriation for the same purpose in a 2023 law. The commissioner of management and budget is authorized to sell and issue state bonds up to $15 million to fund this project, following standard state bonding procedures outlined in Minnesota Statutes and the state constitution. The legislation becomes effective immediately after its final enactment. The bill represents a local infrastructure and public space improvement initiative, aimed at enhancing community spaces and potentially supporting transit-oriented development near a light rail station.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

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

bill text


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