SF1456

Purpose

To fund a new Jimmy Lee Recreation Center in St. Paul that will serve the Rondo community. The money comes from the bond proceeds fund and will support predesign, design, and construction of the facility. The bill also authorizes the sale and issuance of state bonds to finance this project.

Main Provisions

• Appropriation: 5,700,000 (five million seven hundred thousand dollars) from the bond proceeds fund is appropriated to the commissioner of Employment and Economic Development for a grant to the city of St. Paul to support predesign, design, and construction of the Jimmy Lee Recreation Center.
• Subject to law: The project must comply with Minnesota Statutes section 16A.695.
• Bond financing: The commissioner of Management and Budget shall sell and issue state bonds in an amount up to 5,700,000 to fund the appropriation, using the standard bond sale process described in Minnesota Statutes sections 16A.631 to 16A.675 and in the Minnesota Constitution article XI sections 4 to 7.
• Source and use: The money comes from the bond proceeds fund and is dedicated to the grant for the new recreation center.

Significant Changes to Existing Law

• Introduces or expands capital investment financing for a specific project (the Jimmy Lee Recreation Center) by authorizing issuance of up to 5,700,000 in state bonds.
• Ties the funding to a grant to the City of St. Paul for a project intended to serve the Rondo community, reinforcing targeted public investment through the bond program.
• Reaffirms that the transaction follows existing bond statutes and constitutional requirements (16A.631–16A.675; Minnesota Constitution art. XI).

Implementation Context

• Involves state agencies: the Department of Employment and Economic Development (for the grant recipient) and the Department/office responsible for bond issuance (Management and Budget).
• The project is described as “predesign, design and construction” for a new facility, indicating a multi-phase development process.

Key Terms and Phrases Appearing in the Bill

• appropriation
• bond proceeds fund
• grant
• city of St. Paul
• Jimmy Lee Recreation Center
• preddesign (predesign)
• design
• construction
• new facility
• Rondo community
• Minnesota Statutes section 16A.695
• bond sale / sell and issue bonds
• Commissioner of Employment and Economic Development
• Commissioner of Management and Budget
• bonds
• Minnesota Constitution article XI (sections 4 to 7)
• Minnesota Statutes sections 16A.631 to 16A.675

Relevant Terms appropriation, bond proceeds fund, grant, city of St. Paul, Jimmy Lee Recreation Center, predesign, design, construction, new facility, Rondo community, 16A.695, bond sale, sell and issue bonds, Commissioner of Employment and Economic Development, Commissioner of Management and Budget, bonds, Minnesota Constitution article XI, 16A.631 to 16A.675.