Purpose of the Bill

The bill aims to provide funding for capital improvements to Heritage Village Park in Inver Grove Heights, Minnesota. It also authorizes the issuance and sale of state bonds to finance these improvements.

Main Provisions

• Funding Allocation: The bill allocates $3,000,000 from the bond proceeds fund to the commissioner of employment and economic development. This money is earmarked for grants to the city of Inver Grove Heights.

• Park Improvements: The funds will be used for designing, constructing, furnishing, and equipping various enhancements for Heritage Village Park, including:

  • An amphitheater
  • Open-air picnic shelters
  • A restroom building with storage
  • Expansion of the parking lot
  • Landscaping and park furnishings

• Bond Issuance: The bill authorizes the commissioner of management and budget to sell and issue bonds totaling up to $3,000,000. These bonds are to be sold in accordance with specific Minnesota Statutes and constitutional guidelines.

Significant Changes to Existing Law

The bill does not make any changes to existing laws but involves the allocation of funds and issuance of bonds as prescribed by Minnesota Statutes and the Minnesota Constitution.

Relevant Terms

• Capital investment
• Bond proceeds fund
• State bonds
• Heritage Village Park
• Inver Grove Heights
• Amphitheater
• Picnic shelter
• Minnesota Statutes