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MN HF473
MN HF473Mankato; Riverfront Park improvements funding provided, bonds issued, and money appropriated.
summary
Introduced
02/13/2025
02/13/2025
In Committee
02/13/2025
02/13/2025
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 Riverfront Park in the city of Mankato; authorizing the sale and issuance of state bonds.
AI Summary
This bill provides $1,800,000 in state bond funding for improvements to Riverfront Park in Mankato, Minnesota, specifically targeting two main projects: renovations to the Vetter Stone Amphitheater and replacement of the existing boat launch. The bill authorizes the commissioner of management and budget to sell and issue state bonds to finance these park improvements, following standard state bonding procedures outlined in Minnesota Statutes sections 16A.631 to 16A.675 and consistent with the Minnesota Constitution. The bond proceeds will be granted directly to the city of Mankato to design, construct, furnish, and equip these park infrastructure upgrades. The bill becomes effective immediately after its final enactment, allowing the city to proceed with planning and implementing the Riverfront Park improvements.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Introduction and first reading, referred to Capital Investment (on 02/13/2025)
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=House&f=HF0473&ssn=0&y=2025 |
| BillText | https://www.revisor.mn.gov/bills/text.php?number=HF473&version=0&session=ls94&session_year=2025&session_number=0&format=pdf |
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