The bill proposes a capital investment of $15,000,000 for improvements to The Marsh facility in the city of Minnetonka. It appropriates funds from the bond proceeds fund to the commissioner of employment and economic development, who will grant the money to the city for various enhancements. These improvements include renovations to ensure ADA accessibility, upgrades to energy-efficient mechanical systems, and safety designs for users. Additionally, the funding will cover exterior structural repairs and natural resource site improvements aimed at environmental protection and enhancement.
To finance this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $15,000,000, following the guidelines set forth in Minnesota Statutes and the state constitution. The effective date of this section will be the day after the bill is enacted.