HF2718
Minneapolis; Grand Rounds Missing Link trail connection funding provided, bonds issued, and money appropriated.
Legislative Session 94 (2025-2026)
Related bill: SF2927
AI Generated Summary
Purpose of the Bill
This bill aims to fund the creation of a trail connection in Minneapolis, specifically completing the "Grand Rounds Missing Link." It also details how the project will be financed through bonds.
Main Provisions
- Appropriation of Funds: The bill allocates $6,800,000 from the bond proceeds fund to the Metropolitan Council. This money will be used as a grant for the Minneapolis Park and Recreation Board.
- Project Objective: The funds are for designing and constructing trail connections and related enhancements on the east side of Minneapolis, between East River Road and St. Anthony Parkway.
Significant Changes
- Financing Through Bonds: The bill empowers the commissioner of management and budget to sell and issue state bonds up to $6,800,000. This is intended to cover the project's costs, in alignment with Minnesota Statutes and the state Constitution.
Relevant Terms
- Capital investment
- Grand Rounds Missing Link
- Minneapolis Park and Recreation Board
- Metropolitan Council
- State bonds
- Trail connection
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| March 24, 2025 | House | Action | Introduction and first reading, referred to | Capital Investment |
Citations
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Progress through the legislative process
In Committee