HF1616 (Legislative Session 94 (2025-2026))

North Mankato; indoor recreational facility funding provided, bonds issued, and money appropriated.

AI Generated Summary

Purpose of the Bill

The purpose of this bill is to fund the development of an indoor recreational facility in the city of North Mankato, Minnesota.

Main Provisions

  • The bill provides for an appropriation of $12,750,000 to the city of North Mankato.
  • The funds will be used for the predesign, design, construction, furnishing, and equipping of an indoor recreational facility at the Caswell Regional Sporting Complex.
  • The funding is intended to create a grant for the development of the facility.

Significant Changes

  • The bill authorizes the sale and issuance of state bonds to raise the necessary funds, specifically aligning with existing Minnesota laws regarding bond issuance.

Relevant Terms

  • Capital investment
  • Indoor recreational facility
  • State bonds
  • Caswell Regional Sporting Complex
  • Appropriation

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
February 26, 2025HouseFloorActionIntroduction and first reading, referred toCapital Investment