summary
Introduced
03/06/2025
03/06/2025
In Committee
03/06/2025
03/06/2025
Crossed Over
Passed
Dead
Introduced Session
94th Legislature 2025-2026
Bill Summary
A bill for an act relating to capital investment; appropriating money for a grant to Rondo Community Land Trust.
AI Summary
This bill appropriates $6 million from the state's general fund in fiscal year 2026 to the Minnesota Department of Employment and Economic Development, specifically designated as a grant for the Rondo Community Land Trust, a 501(c)(3) nonprofit organization. The grant is intended to support a comprehensive urban development project in St. Paul, covering activities such as acquiring land, designing, predeveloping, developing, constructing, remediating, and redeveloping parcels located between Dale Street North and St. Albans Street North. The funds can be used for site improvements, infrastructure, and landscaping. The appropriation is considered a one-time funding allocation and will remain available until the project is either completed or abandoned, in accordance with state financial regulations (specifically Minnesota Statutes, section 16A.642). The bill appears to be part of a broader effort to support community-driven urban revitalization in the historically significant Rondo neighborhood of St. Paul, which was previously disrupted by highway construction.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Referred to Capital Investment (on 03/06/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF2201&ssn=0&y=2025 |
BillText | https://www.revisor.mn.gov/bills/text.php?number=SF2201&version=0&session=ls94&session_year=2025&session_number=0&format=pdf |
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