SF3972

Purpose

• Provide a state funding mechanism to support the expansion of Restoration Park in Dodge County by acquiring adjacent land (an existing quarry site and private land) to create a larger, multiuse, year-round nature-based outdoor recreation area.

Main Provisions

• Appropriation: The bill authorizes a $1,500,000 appropriation from the bond proceeds fund. This money is to be given as a grant to Dodge County to acquire the adjacent quarry and private land for the Restoration Park expansion, with the aim of reclaiming the site for enhanced outdoor recreation opportunities.
• Bond financing: The money appropriated is to be provided through the sale and issuance of state bonds, up to $1,500,000, under the terms and effects specified by Minnesota law and the state constitution.

Financing and Legal Authority

• The appropriation is funded through the bond proceeds fund.
• The sale of bonds will be conducted by the Commissioner of Management and Budget.
• Bond terms must comply with Minnesota Statutes sections 16A.631 to 16A.675 and Minnesota Constitution Article XI, sections 4 to 7.

Impact on Existing Law

• This is a new appropriation and bonding authorization for a specific project; it does not directly change existing statutes but relies on existing bond-financing authority and statutory procedures.
• Creates a new grant mechanism (to Dodge County) tied to land acquisition for Restoration Park expansion.

Key Terms (terminology from the bill)

• Restoration Park
• Dodge County
• adjacent quarry
• private land
• expansion
• multiuse
• year-round
• nature-based outdoor recreation opportunities
• bond proceeds fund
• grant to Dodge County
• commissioner of employment and economic development
• commissioner of management and budget
• sale and issuance of bonds
• Minnesota Statutes sections 16A.631 to 16A.675
• Minnesota Constitution article XI sections 4 to 7

Relevant Terms - Restoration Park - Dodge County - quarry - private land - land acquisition - year-round - nature-based outdoor recreation - bond proceeds fund - grant - unemployment? (Not applicable here; the relevant official is the commissioner of employment and economic development) - Minnesota Statutes 16A.631-16A.675 - Minnesota Constitution Article XI 4-7 - bond sale - capital investment appropriation - debt financing