HF2718

Minneapolis; Grand Rounds Missing Link trail connection funding provided, bonds issued, and money appropriated.
Legislative Session 94 (2025-2026)

Related bill: SF2927

AI Generated Summary

Purpose of the Bill

This bill aims to fund the creation of a trail connection in Minneapolis, specifically completing the "Grand Rounds Missing Link." It also details how the project will be financed through bonds.

Main Provisions

  • Appropriation of Funds: The bill allocates $6,800,000 from the bond proceeds fund to the Metropolitan Council. This money will be used as a grant for the Minneapolis Park and Recreation Board.
  • Project Objective: The funds are for designing and constructing trail connections and related enhancements on the east side of Minneapolis, between East River Road and St. Anthony Parkway.

Significant Changes

  • Financing Through Bonds: The bill empowers the commissioner of management and budget to sell and issue state bonds up to $6,800,000. This is intended to cover the project's costs, in alignment with Minnesota Statutes and the state Constitution.

Relevant Terms

  • Capital investment
  • Grand Rounds Missing Link
  • Minneapolis Park and Recreation Board
  • Metropolitan Council
  • State bonds
  • Trail connection

Bill text versions

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Actions

DateChamberWhereTypeNameCommittee Name
March 24, 2025HouseActionIntroduction and first reading, referred toCapital Investment
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Citations

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Progress through the legislative process

17%
In Committee

Sponsors

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