Bill > SF342

This bill appropriates $7,825,000 from the state bond proceeds fund to the commissioner of employment and economic development for the Chaska City Square West redevelopment project. The funding is specifically designated for publicly owned portions of the project and supplements a previous appropriation from Laws 2023. The funds can be used for various project-related expenses including property acquisition, demolition, design, construction, furnishing, and equipment costs. To finance this appropriation, the commissioner of management and budget is authorized to sell and issue state bonds up to $7,825,000, following standard state bonding procedures outlined in Minnesota Statutes and the state constitution. The bill's provisions will become effective the day after final enactment, allowing the city of Chaska to proceed with its urban redevelopment efforts using state financial support.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF0342&ssn=0&y=2025