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MN HF2455

MN HF2455
Ramsey County; Aldrich Arena improvement funding provided, bonds issued, and money appropriated.


summary

Introduced
03/17/2025
In Committee
03/17/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to capital investment; appropriating money for improvement of the Aldrich Arena in Ramsey County; authorizing the sale and issuance of state bonds.

AI Summary

This bill provides funding and authorization for the renovation of Aldrich Arena in Ramsey County, Minnesota. Specifically, the bill appropriates $6,500,000 from state bond proceeds to the commissioner of employment and economic development, which will be granted to Ramsey County to predesign, design, and construct facility and site improvements to transform Aldrich Arena into a regional and statewide event center. The bill also authorizes the commissioner of management and budget to sell and issue state bonds up to $6,500,000 to fund the project, in accordance with existing state statutes and constitutional provisions governing bond issuance. The legislation is designed to support the improvement of a local arena facility with the goal of enhancing its utility and capacity as an event venue that can serve both regional and statewide purposes. The bill will take effect immediately after its final enactment.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

Author added Lillie (on 03/20/2025)

bill text


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