SF236

Purpose

To fund park improvements by providing a grant for Lake Waconia Regional Park in Carver County. The bill uses state bond money to support development and amenities at the park.

Main Provisions

• Appropriation: $3,264,000 is appropriated from the bond proceeds fund to the Metropolitan Council to grant to Carver County for park improvements at Lake Waconia Regional Park.
• Project scope: The grant can be used for predesign, design, site grading, construction, furnishing, and equipping of site amenities such as a picnic shelter, playground, parking lot, lighting, trails, walkways, and other related features.
• Bond financing: The Commissioner of Management and Budget must sell and issue state bonds in an amount up to $3,264,000 to provide the money appropriated.

Funding and Bonding Details

• Source of funds: Bond proceeds fund.
• Debt management: Bond sale and financing must follow Minnesota law, specifically Minnesota Statutes sections 16A631 to 16A675, and comply with the Minnesota Constitution article XI sections 4 to 7.
• Beneficiary structure: The Metropolitan Council administers the grant to Carver County for the Lake Waconia Regional Park project.

How It Affects Existing Law

• Creates a new appropriation and bond authorization specifically for Lake Waconia Regional Park improvements.
• Does not change other park funding programs but adds a new capital investment project funded by state bonds.

Beneficiaries and Project Scope

• Primary beneficiary: Carver County, through a grant administered by the Metropolitan Council.
• Project location: Lake Waconia Regional Park, Carver County.
• Intended outcomes: Enhanced park amenities and infrastructure to support recreation and public access.

Oversight and Process

• Implementation is subject to existing state processes for capital investments and bond issuance, including compliance with the cited statutes and constitutional provisions.

Effective Date

• Not specified in the provided text.

Relevant Terms - bond proceeds fund - Metropolitan Council - Carver County - Lake Waconia Regional Park - predesign - design - site grade - construct - furnish and equip - picnic shelter - playground - parking lot - lighting - trails - walkways - site amenities - grant - capital investment - bonds - bond sale - Minnesota Statutes 16A631 to 16A675 - Minnesota Constitution Article XI