SF745

Purpose

This bill would provide funding to support TaikoArts Midwest by granting funds to the Department of Employment and Economic Development (DEED). The goal is to help TaikoArts Midwest purchase and improve a property to serve as its home and as a multipurpose community event space in St. Paul.

Main Provisions

• Amount and source: For fiscal year 2026, appropriates $2,000,000 from the general fund to the Commissioner of Employment and Economic Development for a grant to TaikoArts Midwest (a 501(c)(3) nonprofit).
• Use of funds: The grant is to be used to acquire, renovate, equip, and furnish property located at 449 Front Avenue in St. Paul.
• Purpose of the property: To provide a home for TaikoArts Midwest and to create a multipurpose community event space.
• Administration: The funds are provided to DEED to administer as a grant to TaikoArts Midwest.
• One-time appropriation: This is a single, one-time appropriation.
• Availability and timing: The appropriation remains available until the project is completed or abandoned, subject to Minnesota Statutes section 16A642.
• Locality: Property is located at 449 Front Avenue, St. Paul.

Significant Changes to Existing Law

• No changes to existing law are described. This bill establishes a one-time capital investment appropriation to fund a specific project for TaikoArts Midwest rather than modifying statutes.

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Relevant Terms - appropriation - general fund - Department of Employment and Economic Development (DEED) - grant - TaikoArts Midwest - TaikoArts Midwest (501(c)(3)) - 449 Front Avenue - St. Paul - acquire - renovate - equip - furnish - multipurpose community event space - one-time appropriation - fiscal year 2026 - Minnesota Statutes section 16A642 - capital investment