summary
Introduced
02/10/2025
02/10/2025
In Committee
02/10/2025
02/10/2025
Crossed Over
Passed
Dead
Introduced Session
94th Legislature 2025-2026
Bill Summary
A bill for an act relating to capital investment; appropriating money for downtown lakeshore improvements in the city of Wayzata; authorizing the sale and issuance of state bonds.
AI Summary
This bill appropriates $14,915,000 from state bond proceeds to the city of Wayzata for a comprehensive downtown lakefront restoration project. The funding will support multiple initiatives, including acquiring real property, designing and constructing an eco park, restoring and preserving historical sites like the Section Foreman House and Wayzata Depot, improving Lake Minnetonka's lake edge, enhancing Wayzata Beach and Klapprich Park, and designing new public safety facilities that will serve the downtown lakefront and community park areas. This appropriation is supplemental to a previous funding allocation from the 2020 Fifth Special Session. The bill authorizes the commissioner of management and budget to sell and issue state bonds to provide the funding, following standard state bonding procedures outlined in Minnesota Statutes and the state Constitution. The bill will become effective the day after it is enacted into law.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Referred to Capital Investment (on 02/10/2025)
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=SF1234&ssn=0&y=2025 |
BillText | https://www.revisor.mn.gov/bills/text.php?number=SF1234&version=0&session=ls94&session_year=2025&session_number=0&format=pdf |
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