Bill > HF1461

This bill provides funding and authorizes bond issuance for a multifamily housing project in the city of Cosmos, Minnesota. Specifically, the bill appropriates $6,800,000 from the state bond proceeds fund to the commissioner of employment and economic development to support the design, construction, renovation, furnishing, and equipping of a facility located at 130 Neptune Street North. The facility will serve multiple purposes: providing supportive services for senior citizens, operating a child care center for pre-kindergarten children, and offering after-school and weekend programming 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 becomes effective immediately after its final enactment, enabling the city of Cosmos to move forward with this community-focused infrastructure and service project.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF1461&ssn=0&y=2025