SF1234

SF1234 (Legislative Session 94 (2025-2026))

Wayzata downtown lakeshore improvements bond issue and appropriation

Related bill: HF1064

AI Generated Summary

Senate Bill No. 1234 is a proposal for allocating funds towards improvements in downtown Wayzata, specifically the lakeshore area. The bill suggests using $14,915,000 from state bonds to assist the city of Wayzata in acquiring and developing real estate along the lakefront. The plan includes creating an eco-park, restoring historical sites like the Section Foreman House and Wayzata Depot, enhancing the shoreline of Lake Minnetonka, upgrading Wayzata Beach and Klapprich Park, and designing new public safety facilities to support the area. The funding will be managed by the Commissioner of Employment and Economic Development and requires the issuance of state bonds by the Commissioner of Management and Budget as outlined in existing Minnesota statutes and constitutional provisions. This bill builds on previous appropriations made in 2020 for this project.

Bill text versions

Introduction PDF file

Actions

Date	Chamber	Where	Type	Name	Committee Name
February 09, 2025	Senate	Floor	Action	Introduction and first reading
February 09, 2025	Senate	Floor	Action	Referred to	Capital Investment

Citations

[
  {
    "analysis": {
      "added": [
        "New funding complementing the previous appropriation to complete the project."
      ],
      "removed": [],
      "summary": "This bill references prior capital investment allocation for the Wayzata lakefront restoration.",
      "modified": [
        "Updates to project scope and funding needs."
      ]
    },
    "citation": "Laws 2020, Fifth Special Session, chapter 3, article 1, section 21, subdivision 45"
  },
  {
    "analysis": {
      "added": [
        "Authorization to sell and issue additional bonds for project funding."
      ],
      "removed": [],
      "summary": "This bill invokes existing provisions governing state bond issuance and sale.",
      "modified": [
        "Specification of bond amount and terms under existing statute framework."
      ]
    },
    "citation": "Minnesota Statutes, sections 16A.631 to 16A.675"
  },
  {
    "analysis": {
      "added": [
        "Reference to constitutional authority for incurring state debt."
      ],
      "removed": [],
      "summary": "This bill aligns bond issuance with constitutional guidelines for state debt management.",
      "modified": [
        "Clarification of debt issuance authority and limits under the state constitution."
      ]
    },
    "citation": "Minnesota Constitution, article XI, sections 4 to 7"
  }
]