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Bill > SF215


MN SF215

MN SF215
The Marsh 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 improvements to The Marsh in the city of Minnetonka; authorizing the sale and issuance of state bonds.

AI Summary

This bill provides a $15,000,000 state bond appropriation for improvements to The Marsh, a facility located in Minnetonka, Minnesota. The funding will be used to acquire property and support comprehensive renovations, including interior upgrades such as Americans with Disabilities Act (ADA) accessibility improvements, energy-efficient mechanical systems, and safety design enhancements. The appropriation also covers exterior improvements, including structural repairs and environmental site improvements. The commissioner of management and budget is authorized to sell and issue state bonds to fund these improvements, following standard state bonding procedures outlined in Minnesota Statutes. The bonds will be issued up to the $15,000,000 amount, in accordance with state constitutional guidelines for bond issuance. The bill becomes effective immediately after final enactment, enabling the city of Minnetonka to proceed with the planned improvements to The Marsh facility.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

Author added Cwodzinski (on 01/23/2025)

bill text


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