as introduced - 93rd Legislature (2023 - 2024) Posted on 06/20/2023 03:22pm
A bill for an act
relating to capital investment; appropriating money for a grant to the Northside
Economic Opportunity Network for a food business incubator in Minneapolis.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$6,000,000 in fiscal year 2024 is appropriated from the general fund to the commissioner
of employment and economic development for a grant to the Northside Economic
Opportunity Network, a 501(c)(3) nonprofit organization, for site preparation, including
demolition, construction, furnishing, and equipping of a food business incubator facility in
the city of Minneapolis to provide reliable and affordable resources for food entrepreneurs
and business owners who are Black, Indigenous, and People of Color to start and grow
food-based businesses. This appropriation is available until the project is completed or
abandoned, subject to Minnesota Statutes, section 16A.642. This is a onetime appropriation.
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This section is effective the day following final enactment.
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