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MN HF1308

MN HF1308
St. Paul; blighted property redevelopment funding provided, bonds issued, and money appropriated.


summary

Introduced
02/20/2025
In Committee
02/20/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to capital investment; appropriating money for redevelopment of blighted property in the city of St. Paul; authorizing the sale and issuance of state bonds.

AI Summary

This bill provides $18 million in state bond funding to support redevelopment efforts in the Midway area of St. Paul, specifically targeting properties that were damaged during civil unrest in May 2020. The funding is designated for infrastructure improvements including streets, transit facilities, sidewalks, utilities, sewer and stormwater systems, landscaping, lighting, and parking facilities. The bill defines the blighted area as the region bounded by Snelling Avenue, University Avenue, Interstate Highway 94, and Pascal Street - an area that experienced significant property damage during the peacetime emergency declared in Emergency Executive Order 20-64. The commissioner of management and budget is authorized to sell and issue state bonds to provide the funding, and the city of St. Paul must enter into a lease or management agreement for any parking facilities created through this funding. The funding aims to support the restoration and revitalization of an area that was severely impacted by civil unrest, with a focus on comprehensive infrastructure improvements that can help rebuild and strengthen the community.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Introduction and first reading, referred to Capital Investment (on 02/20/2025)

bill text


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