SF2927

Purpose of the Bill

This bill aims to allocate funds for the development of the Grand Rounds Missing Link trail connection in Minneapolis. The funding is intended to enhance recreational infrastructure by completing a trail connection.

Main Provisions

• Funding Appropriation: The bill approves an appropriation of $6,800,000 from the bond proceeds fund managed by the Metropolitan Council. This grant is destined for the Minneapolis Park and Recreation Board.
• Trail Construction: The funds are designated for designing and constructing trail connections and improvements. These will be located on the east side of the city of Minneapolis, specifically between East River Road and St. Anthony Parkway.

Significant Changes to Existing Law

• The bill authorizes the sale and issuance of state bonds to raise the necessary funds. This involves actions by the commissioner of management and budget, following established Minnesota Statutes and Constitutional provisions related to state bond sales.

Relevant Terms

• Capital Investment
• Bond Sale
• Metropolitan Council
• Minneapolis Park and Recreation Board
• Trail Connection
• East River Road
• St. Anthony Parkway