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MN SF2927
MN SF2927Minneapolis Grand Rounds Missing Link trail connection bond issue and appropriation
summary
Introduced
03/24/2025
03/24/2025
In Committee
03/24/2025
03/24/2025
Crossed Over
Passed
Dead
Introduced Session
94th Legislature 2025-2026
Bill Summary
A bill for an act relating to capital investment; appropriating money for the Grand Rounds Missing Link trail connection in the city of Minneapolis; authorizing the sale and issuance of state bonds.
AI Summary
This bill appropriates $6.8 million from state bond proceeds to the Metropolitan Council for a specific infrastructure project in Minneapolis. The funds will be granted to the Minneapolis Park and Recreation Board to design and construct trail connections and associated improvements for the Grand Rounds Missing Link, which is a trail segment located on the east side of Minneapolis connecting East River Road and St. Anthony Parkway. The bill authorizes the commissioner of management and budget to sell and issue state bonds to provide the funding, following standard state bonding procedures outlined in Minnesota Statutes. The bonds will be issued according to existing legal guidelines for state bond issuance, as prescribed by state statutes and constitutional provisions. The bill becomes effective immediately after being enacted, with the goal of completing the trail connection to fill a gap in the existing Grand Rounds trail system, which is likely a recreational and transportation pathway for Minneapolis residents.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Referred to Capital Investment (on 03/24/2025)
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=SF2927&ssn=0&y=2025 |
| BillText | https://www.revisor.mn.gov/bills/text.php?number=SF2927&version=0&session=ls94&session_year=2025&session_number=0&format=pdf |
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