HF778

Purpose

• Appropriates funds to support the Plymouth City Center Revitalization Project, providing a grant to the city of Plymouth to plan and develop public infrastructure in the designated Plymouth City Center area.

Key Provisions

• Amount: $26,000,000 appropriated from the bond proceeds fund.
• Recipient and use: A grant to the city of Plymouth to design, construct, renovate, equip, and furnish public infrastructure in the area bounded by Vicksburg Lane and Trunk Highway 55, known as the Plymouth City Center.
• Specific project components: Stormwater ponding, reconstruction of a public parking ramp, expansion of the Plymouth Ice Center, and a roadway realignment related to the project.

Funding and Bonding

• Bond authority: The money appropriated may be raised by selling and issuing state bonds up to $26,000,000.
• Compliance: Bond issuance must follow Minnesota Statutes sections 16A.631 to 16A.675 and the Minnesota Constitution, Article XI, sections 4 to 7.

Administration

• Management: The grant and project administration are handled through the appropriate state agencies specified in the bill, including the commissioner of employment and economic development for the grant and the commissioner of management and budget for the bond sale process.

Significant Changes or Impacts

• Creates a major state-funded investment in Plymouth City Center, enabling design, construction, and upgrades to public infrastructure, with accompanying roadway changes and facility enhancements to support revitalization efforts.

Legal Authorities Referenced

• Minnesota Statutes: 16A.631 to 16A.675 (bonding rules)
• Minnesota Constitution: Article XI, sections 4 to 7 (bonding and debt authority)
• Agencies: Commissioner of Employment and Economic Development; Commissioner of Management and Budget

Relevant Terms - Plymouth City Center - appropriation - bond proceeds fund - grant - design - construct - renovate - equip - furnish - public infrastructure - stormwater ponding - public parking ramp - reconstruction - Plymouth Ice Center - roadway realignment - Vicksburg Lane - Trunk Highway 55 - Plymouth, Minnesota - bond sale - bonds - Minnesota Statutes 16A.631 to 16A.675 - Minnesota Constitution Article XI 4-7 - commissioner of employment and economic development - commissioner of management and budget