Minnesota SF4855 proposes a $3.4 million bond issue for the 5th Avenue South Campus and Downtown Connection project in St. Cloud.

Minnesota SF4855 allocates $3.4 million from bond proceeds to the city of St. Cloud for the 5th Avenue South Campus and Downtown Connection project. The funds will be used for acquiring right-of-way, designing, engineering, constructing, furnishing, and equipping public infrastructure improvements. The commissioner of management and budget will sell and issue state bonds up to $3.4 million to provide the necessary funds, following the terms prescribed by Minnesota Statutes and the state Constitution.

Minnesota SF4855 proposes a $3.4 million bond issue for the 5th Avenue South Campus and Downtown Connection project in St. Cloud.

Minnesota SF4855 allocates $3.4 million from bond proceeds to the city of St. Cloud for the 5th Avenue South Campus and Downtown Connection project. The funds will be used for acquiring right-of-way, designing, engineering, constructing, furnishing, and equipping public infrastructure improvements. The commissioner of management and budget will sell and issue state bonds up to $3.4 million to provide the necessary funds, following the terms prescribed by Minnesota Statutes and the state Constitution.