This bill appropriates $3,000,000 from the bond proceeds fund to the commissioner of employment and economic development for a grant to the city of Brooklyn Center. The funds are designated for the predesign, design, site preparation, construction, and equipping of public infrastructure to support the Opportunity Site. The appropriation will cover various improvements, including utility enhancements, stormwater management, road construction, public parking, and other necessary upgrades to facilitate public access to the site.
Additionally, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $3,000,000 to fund the appropriation. The bond issuance will follow the procedures outlined in Minnesota Statutes and the Minnesota Constitution. The provisions of this bill will take effect the day after it is enacted.