as introduced - 93rd Legislature (2023 - 2024) Posted on 06/20/2023 02:55pm
A bill for an act
relating to capital investment; appropriating money for a grant to the Latino
Economic Development Center for their building in St. Paul.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$5,000,000 in fiscal year 2024 is appropriated from the general fund to the commissioner
of employment and economic development for a grant to the Latino Economic Development
Center for replacement of mechanical systems, construction or renovation of interior spaces,
and other improvements of a capital nature to their building that will operate as a small
business incubator on Payne Avenue and serve other community uses. This appropriation
is available until the project is completed or abandoned, subject to Minnesota Statutes,
section 16A.642.
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This section is effective the day following final enactment.
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