HF4360 (Legislative Session 94 (2025-2026))

Minneapolis; West Broadway Business and Area Coalition grant funding provided, and money appropriated.

Related bill: SF4383

AI Generated Summary

Purpose

To provide funding from the state to support the renovation and redevelopment of a specific property in Minneapolis. The goal is to turn the current property at 1113 West Broadway into a multiuse facility that can support various activities and community uses.

Main Provisions

  • One-time appropriation: In fiscal year 2027, a grant is given from the general fund.
  • Responsible agency: The grant is made to the West Broadway Business and Area Coalition through the commissioner of employment and economic development.
  • Use of funds: The grant is for constructing, furnishing, and equipping the renovation and redevelopment of the property at 1113 West Broadway.
  • Project scope: The funds are intended to create a multiuse facility on the current site.
  • Availability and completion: The appropriation remains available until the project is completed or abandoned, in accordance with applicable state law.

Financial Details

  • Source of funds: General fund.
  • Amount: A one-time grant specified for this project (fiscal year 2027).
  • Availability: Funds stay available until project completion or abandonment, subject to Minnesota statutes.

Location and Project Scope

  • Location: 1113 West Broadway, Minneapolis.
  • Project purpose: Renovation and redevelopment to create a multiuse facility for community or economic development purposes.

Legal and Compliance Notes

  • Compliance reference: The appropriation is subject to Minnesota Statutes section 16A.642, which governs related budgeting and appropriation rules.
  • Oversight: Implemented through the commissioner of employment and economic development with a grant to the West Broadway Business and Area Coalition.

Significance and Impact

  • This bill represents targeted state capital investment to support a specific community redevelopment project in Minneapolis, aiming to spur economic activity, improve facilities, and provide a multiuse space for local uses.

Relevant Terms - general fund - commissioner of employment and economic development - grant - West Broadway Business and Area Coalition - Minneapolis - 1113 West Broadway - renovation - redevelopment - multiuse facility - one-time appropriation - fiscal year 2027 - Minnesota Statutes section 16A.642 - capital investment - appropriation - construction - furnishing - equipment

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
March 16, 2026HouseActionIntroduction and first reading, referred toCapital Investment

Citations

 
[
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "This bill authorizes a one-time appropriation in fiscal year 2027 from the general fund to the commissioner of employment and economic development for a grant to the West Broadway Business and Area Coalition to construct, furnish, and equip the renovation and redevelopment of the property at 1113 West Broadway in Minneapolis into a multiuse facility, subject to Minnesota Statutes section 16A.642.",
      "modified": []
    },
    "citation": "16A.642",
    "subdivision": ""
  }
]

Progress through the legislative process

17%
In Committee
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