Bill > HF1732

This bill provides $10,000,000 in state bond funding for the construction of a community center in the city of St. Joseph, Minnesota. The bill authorizes the commissioner of management and budget to sell and issue state bonds to finance the project, following the standard procedures outlined in Minnesota Statutes sections 16A.631 to 16A.675 and in accordance with the state constitution. The bonds will be issued up to the amount of $10,000,000, and the funds will be granted to the city of St. Joseph specifically for the purpose of building the community center. The legislation will take effect immediately after it is enacted, meaning the city can proceed with planning and constructing the community center once the bonds are sold and the funds are allocated. This type of legislative appropriation is a common method for state governments to support local infrastructure and community development projects by providing direct funding through bond issuance.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF1732&ssn=0&y=2025