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Bill > SF1477


MN SF1477

Edina Aquatic Center capital improvements bond issue and appropriation


summary

Introduced
02/17/2025
In Committee
02/17/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to capital investment; appropriating money for capital improvements at the Edina Aquatic Center; authorizing the sale and issuance of state bonds.

AI Summary

This bill provides a $10,500,000 state bond appropriation to the city of Edina for capital improvements at the Edina Aquatic Center. The funds will be used for major projects that include preserving or replacing mechanical and electrical systems, upgrading utility infrastructure, and implementing site renovations to support ongoing operations, with a specific focus on energy conservation improvements. The bill authorizes the commissioner of management and budget to sell and issue state bonds to finance these improvements, following the standard procedures outlined in Minnesota Statutes and the state constitution. The bonds will be issued up to the full appropriation amount of $10,500,000, and the provisions of the bill will take effect the day after final enactment. This type of legislation is typical for local infrastructure and facility upgrade projects, where state bonds are used to fund specific community improvements.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

Referred to Capital Investment (on 02/17/2025)

bill text


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