Bill > SF1542

This bill provides $25 million in state bond funding for the Three Rivers Park District to improve the regional trail network in Hennepin County, Minnesota. Specifically, the funding will support a comprehensive trail system project that includes constructing 10.7 miles of new regional trails, reconstructing 11.4 miles of existing trails, and performing life-extension treatments on 30.2 miles of trails, totaling 52 miles of trail improvements. The bill authorizes the commissioner of management and budget to sell and issue state bonds to finance the project, following standard state bonding procedures outlined in Minnesota Statutes. The bonds will be issued according to existing state constitutional and statutory guidelines for bond issuance. The bill becomes effective immediately after it is enacted, enabling the Three Rivers Park District to proceed with the regional trail network safety, stewardship, and expansion project.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF1542&ssn=0&y=2025