HF 1308

Introduction - 94th Legislature (2025 - 2026)

Posted on 02/20/2025 02:49 p.m.

A bill for an act
relating to capital investment; appropriating money for redevelopment of blighted
property in the city of St. Paul; authorizing the sale and issuance of state bonds.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. new text begin ST. PAUL; REDEVELOPMENT.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin (a) $18,000,000 is appropriated from the bond proceeds
fund to the commissioner of employment and economic development for a grant to the city
of St. Paul to predesign, design, construct, and equip improvements to streets and public
infrastructure to support redevelopment of blighted property in the Midway area in the city
of St. Paul.
new text end

new text begin (b) This appropriation includes money for transit facilities, rights-of-way or permanent
easements, sidewalks, utilities, sewer, stormwater systems, landscaping, lighting, parking
facilities, and other site improvements and amenities. The city must enter into a lease or
management agreement for the operation of any parking facility, subject to Minnesota
Statutes, section 16A.695.
new text end

new text begin (c) For purposes of this section, "blighted property in the Midway area" means property
within the boundary of Snelling Avenue to the west, University Avenue to the north, marked
Interstate Highway 94 to the south, and Pascal Street to the east that was adversely affected
by civil unrest, including severe damage and destruction of property, during the peacetime
emergency declared in Emergency Executive Order 20-64, in May of 2020.
new text end

new text begin Subd. 2. new text end

new text begin Bond sale. new text end

new text begin To provide the money appropriated in this section from the bond
proceeds fund, the commissioner of management and budget shall sell and issue bonds of
the state in an amount up to $18,000,000 in the manner, upon the terms, and with the effect
prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota
Constitution, article XI, sections 4 to 7.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end