SF4855
St. Cloud 5th Avenue South Campus and Downtown Connection capital project bond issue and appropriation
Legislative Session 94 (2025-2026)
Related bill: HF4854
AI Generated Summary
Purpose
- The bill provides funding to support the St. Cloud 5th Avenue South Campus and Downtown Connection project. It uses bond proceeds to fund a grant to the city of St. Cloud for public infrastructure improvements related to the project.
Main Provisions
- Subd.1 Appropriation: $3,400,000 is appropriated from the bond proceeds fund to the commissioner of employment and economic development. This money is for a grant to the city of St. Cloud to acquire right-of-way and to design, engineer, construct, furnish, and equip public infrastructure improvements for the 5th Avenue South Campus and Downtown Connection project.
- Subd.2 Bond Sale: The money appropriated in this section will be provided by selling and issuing state bonds in an amount up to $3,400,000. The bond sale must follow the terms and effects set out in Minnesota statutes (16A.631 to 16A.675) and the Minnesota Constitution (Article XI, sections 4 to 7).
Significance and Changes to Law
- This bill authorizes a new bond-backed appropriation for a specific St. Cloud infrastructure project. It does not propose broad statutory changes beyond enabling the appropriation and the associated bond sale.
Relevant Terms - bond proceeds fund - grant - city of St. Cloud - right-of-way - design, engineer, construct, furnish, and equip - public infrastructure improvements - 5th Avenue South Campus and Downtown Connection project - bond sale / bonds - Commissioner of Management and Budget - Commissioner of Employment and Economic Development - Minnesota Statutes sections 16A.631 to 16A.675 - Minnesota Constitution Article XI, sections 4 to 7
Bill text versions
- Introduction PDF PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| March 25, 2026 | Senate | Action | Introduction and first reading | ||
| March 25, 2026 | Senate | Action | Referred to | Capital Investment |
Citations
[
{
"analysis": {
"added": [],
"removed": [],
"summary": "This bill provides for a bond sale by referencing Minnesota Statutes sections 16A.631 to 16A.675 for the terms and conditions of issuing bonds to finance the appropriation for the St. Cloud project.",
"modified": []
},
"citation": "16A.631 to 16A.675",
"subdivision": ""
}
]Progress through the legislative process
In Committee