Bill > SF1439

This bill appropriates $6,800,000 from the state bond proceeds fund to the commissioner of employment and economic development for a grant to the city of Cosmos to support a multifamily housing project located at 130 Neptune Street North. The project aims to create a facility that will provide supportive services for senior citizens, a child care center for preschool-aged children, and an after-school and weekend programming facility for school-aged children. To fund this project, the commissioner of management and budget is authorized to sell and issue state bonds up to $6,800,000, following the procedures outlined in Minnesota Statutes and the state constitution. The bill specifies that the section becomes effective immediately after final enactment, enabling the city to proceed with the design, construction, renovation, furnishing, and equipping of the proposed facility.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF1439&ssn=0&y=2025