Bill > SF381

This bill appropriates $400,000 from the state's general fund in fiscal year 2026 to the commissioner of employment and economic development, specifically designated as a grant to the Dayton economic development authority. The purpose of this funding is to acquire real property located within the city of Dayton's Historic Village, with the goal of redeveloping the land to create economically viable and public purpose uses. The appropriation will remain available until the project is either completed or abandoned, in accordance with Minnesota Statutes, section 16A.642, which typically provides guidelines for the use and tracking of state appropriations. The bill aims to support local economic development efforts by providing resources for strategic land acquisition and potential redevelopment in the Historic Village area of Dayton.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF0381&ssn=0&y=2025