SF2922
City of Osseo Sipe Park and other capital improvements bond issuance and appropriation
Legislative Session 94 (2025-2026)
Related bill: HF3203
AI Generated Summary
Purpose of the Bill
The bill is focused on capital investment in the city of Osseo, Minnesota. It aims to allocate funds for the renovation and construction projects that will enhance several public facilities, including Sipe Park and the Osseo Public Works building.
Main Provisions
- Funding Allocation: The bill proposes an appropriation of $1,600,000 to the commissioner of employment and economic development. This funding is meant for a grant to the city of Osseo.
- Projects Covered: The allocated money would be used specifically for:
- The renovation and construction of Sipe Park.
- Streetscape improvements on Central Avenue.
- Renovation and construction of capital improvements for the Osseo Public Works building.
Significant Changes to Existing Law
- Bond Issuance Authorization: The bill authorizes the sale and issuance of state bonds up to the amount of $1,600,000 to fund these projects. This provision includes adherence to Minnesota Statutes sections concerning bond issuance and management.
Relevant Terms
- Capital investment
- Sipe Park
- State bonds
- Osseo Public Works building
- Streetscape improvements
- Commissioner of employment and economic development
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| March 24, 2025 | Senate | Action | Introduction and first reading | ||
| March 24, 2025 | Senate | Action | 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.
Progress through the legislative process
In Committee