This bill appropriates funds for various capital improvement projects in the city of Osseo, Minnesota, while also canceling a previous appropriation for a grant related to the Osseo lift station. Specifically, it cancels the unexpended and unencumbered amount of general obligation bond proceeds previously appropriated, which will also reduce the corresponding bond sale authorization. The cancellation is effective the day following final enactment.
The bill includes several new appropriations: $586,000 for renovations and streetscape improvements on Central Avenue, $214,000 for capital improvements to the City Hall building, and $800,000 for enhancements to the Public Works Building. Each of these appropriations is accompanied by provisions for the sale and issuance of state bonds to fund the projects, with the bond sales being conducted in accordance with existing Minnesota statutes and constitutional provisions. All sections of the bill are effective the day following final enactment.