AI Generated Summary
Purpose
To provide a one-time capital investment by appropriating 7,500,000 from the general fund in fiscal year 2026 to fund a grant for the Lundstrum Center for the Performing Arts. The goal is to support predesign, design, and construction of teaching spaces and a new theater to serve the youth and community members of North Minneapolis and surrounding areas.
Main Provisions
- Amount and source: 7,500,000 from the general fund in fiscal year 2026.
- Recipient: Lundstrum Center for the Performing Arts, a 501(c)(3) nonprofit organization.
- Use of funds: For the predesign, design, and construction of teaching spaces and a new theater.
- Administration: The grant is provided to the Lundstrum Center and administered by the commissioner of employment and economic development.
- Beneficiaries: The project serves the youth and community members of North Minneapolis and surrounding areas.
- Availability and duration: This is a one-time appropriation, available until the project is completed or abandoned, subject to Minnesota Statutes section 16A.642.
Significant Changes to Existing Law
- Creates a new one-time capital investment appropriation to fund a grant for the Lundstrum Center for the Performing Arts. This does not establish ongoing funding or alter other ongoing programs; it adds a specific, time-limited funding measure for a particular project.
Key Terms (explicit from bill text)
- general fund
- commissioner of employment and economic development
- grant
- Lundstrum Center for the Performing Arts
- 501(c)(3) nonprofit
- predesign
- design
- construction
- teaching spaces
- new theater
- youth
- community members
- North Minneapolis
- surrounding areas
- available until project is completed or abandoned
- Minnesota Statutes section 16A.642
- one-time appropriation
- fiscal year 2026
- capital investment
Relevant Terms - capital investment - appropriation - grant - general fund - teaching spaces - theater - North Minneapolis - 501(c)(3) nonprofit - predesign - design - construction - Minnesota Statutes section 16A.642 - one-time appropriation - fiscal year 2026 - Commissioner of Employment and Economic Development - Lundstrum Center for the Performing Arts
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| February 10, 2025 | Senate | Action | Introduction and first reading | ||
| February 10, 2025 | Senate | Action | Referred to | Capital Investment |
Progress through the legislative process
In Committee