Bill > SF2922

This bill appropriates $1,600,000 to the city of Osseo for three specific capital improvement projects: renovating and constructing Sipe Park, completing streetscape improvements on Central Avenue, and renovating and constructing improvements to the Osseo Public Works building. The funding will be obtained through the sale of state bonds, which will be issued by the commissioner of management and budget in accordance with existing state laws and constitutional guidelines governing bond issuance. The bill specifies that the bonds will be sold up to the amount of $1,600,000 and will follow the procedural requirements outlined in Minnesota Statutes sections 16A.631 to 16A.675 and the relevant sections of the Minnesota Constitution. The bill becomes effective immediately after final enactment, providing the city of Osseo with financial support for these local infrastructure and community development projects.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF2922&ssn=0&y=2025