HF4360
Minneapolis; West Broadway Business and Area Coalition grant funding provided, and money appropriated.
Legislative Session 94 (2025-2026)
Related bill: SF4383
AI Generated Summary
Purpose
To provide funding from the state to support the renovation and redevelopment of a specific property in Minneapolis. The goal is to turn the current property at 1113 West Broadway into a multiuse facility that can support various activities and community uses.
Main Provisions
- One-time appropriation: In fiscal year 2027, a grant is given from the general fund.
- Responsible agency: The grant is made to the West Broadway Business and Area Coalition through the commissioner of employment and economic development.
- Use of funds: The grant is for constructing, furnishing, and equipping the renovation and redevelopment of the property at 1113 West Broadway.
- Project scope: The funds are intended to create a multiuse facility on the current site.
- Availability and completion: The appropriation remains available until the project is completed or abandoned, in accordance with applicable state law.
Financial Details
- Source of funds: General fund.
- Amount: A one-time grant specified for this project (fiscal year 2027).
- Availability: Funds stay available until project completion or abandonment, subject to Minnesota statutes.
Location and Project Scope
- Location: 1113 West Broadway, Minneapolis.
- Project purpose: Renovation and redevelopment to create a multiuse facility for community or economic development purposes.
Legal and Compliance Notes
- Compliance reference: The appropriation is subject to Minnesota Statutes section 16A.642, which governs related budgeting and appropriation rules.
- Oversight: Implemented through the commissioner of employment and economic development with a grant to the West Broadway Business and Area Coalition.
Significance and Impact
- This bill represents targeted state capital investment to support a specific community redevelopment project in Minneapolis, aiming to spur economic activity, improve facilities, and provide a multiuse space for local uses.
Relevant Terms - general fund - commissioner of employment and economic development - grant - West Broadway Business and Area Coalition - Minneapolis - 1113 West Broadway - renovation - redevelopment - multiuse facility - one-time appropriation - fiscal year 2027 - Minnesota Statutes section 16A.642 - capital investment - appropriation - construction - furnishing - equipment
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| March 16, 2026 | House | Action | Introduction and first reading, referred to | Capital Investment |
Bill information comes from public records published by the Office of the Revisor of Statutes, the Minnesota House and the Minnesota Senate. AI summaries are written by MinneSlate and are not official. MinneSlate is independent and is not affiliated with the State of Minnesota or the Minnesota Legislature.