Minnesota HF4617 provides funding for road and utility infrastructure at the Sears site through bonds and appropriations.
Minnesota HF4617 authorizes the issuance of appropriation bonds to fund road and utility infrastructure for the Sears site in St. Paul. The bonds, which can be issued up to a maximum of $95,000,000, will finance predesign, design, demolition, environmental remediation, construction, and equipping of infrastructure. The proceeds from these bonds are appropriated to the Metropolitan Council for grants to the city of St. Paul or Rondo Community Land Trust. The bonds are not public debt of the state, and the state's full faith and credit are not pledged to their payment.
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- Core Provisions
- Implementation
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- Legal Framework
- Critical Issues
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