Minnesota HF1465 provides $2,962,000 in state bonds for Faribault to develop a municipal park with amenities.
Minnesota HF1465 allocates $2,962,000 in state bonds for the city of Faribault to construct and furnish a municipal park. The park will feature an outdoor refrigerated skating loop, a splash pad, trails, sidewalks, landscaping, lighting, tables, benches, and parking areas. The commissioner of management and budget will sell and issue the bonds in accordance with Minnesota Statutes and the state constitution. The funds will be appropriated from the bond proceeds fund to the commissioner of employment and economic development for a grant to the city of Faribault.
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