Bill
Bill > SF1026
MN SF1026
St. Louis County Heritage and Arts Center bond issuance and appropriation
summary
Introduced
02/06/2025
02/06/2025
In Committee
02/06/2025
02/06/2025
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 St. Louis County Heritage and Arts Center; authorizing the sale and issuance of state bonds.
AI Summary
This bill provides $8,000,000 in state bond funding for the St. Louis County Heritage and Arts Center (also known as the Depot) located in Duluth, Minnesota. The funding is specifically earmarked for asset preservation and expansion, including predesign, design, construction, and renovation work focused on replacing or improving mechanical, electrical, heating, ventilation, air conditioning systems, and life-safety building elements. Before the state funds can be released, the commissioner of management and budget must verify that at least $5,671,000 has been committed from non-state funding sources. The bill authorizes the commissioner of management and budget to sell and issue state bonds up to $8,000,000 to finance the project, following standard state bonding procedures outlined in Minnesota statutes and constitutional provisions. The bill becomes effective immediately after its final enactment, allowing the project to move forward quickly once the non-state funding is secured.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Referred to Capital Investment (on 02/06/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF1026&ssn=0&y=2025 |
BillText | https://www.revisor.mn.gov/bills/text.php?number=SF1026&version=0&session=ls94&session_year=2025&session_number=0&format=pdf |
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