Purpose

To provide funding and authority for demolishing the Tamarack school building and preparing the site for redevelopment. The project aims to remove blighted conditions and separate the school building from surrounding structures to enable redevelopment and reuse of the site.

Main Provisions

• Subdivision 1 – Appropriation:
  • An amount of 20,000 from the bond proceeds fund is appropriated to the commissioner of Employment and Economic Development.
  • This funding is for a grant to the city of Tamarack to cover the separation demolition and removal of the Tamarack school building from the gymnasium and shop area building.
  • The work is intended to remove blighted conditions and facilitate redevelopment and reuse of the site.
  • Eligible activities include removal and disposal of debris, site remediation, hazardous materials abatement, restoration, and waterproofing of the exposed interior wall.
• Subdivision 2 – Bond sale:
  • The commissioner of Management and Budget must sell and issue state bonds in an amount up to 20,000 to fund the appropriation.
  • Bonding must follow the terms and effects set out in Minnesota Statutes sections 16A.631 to 16A.675 and the Minnesota Constitution, Article XI, sections 4 to 7.

Funding and Bonding Details

• Source of funds: bond proceeds fund.
• Recipient: city of Tamarack (via a grant) for demolition and site preparation.
• Purpose of funds: demolition/separation of the school building, debris removal, site remediation, hazardous materials abatement, restoration, and waterproofing.
• Bonding framework: issuance of bonds up to 20,000 under existing state bonding laws and constitutional provisions.

Changes to Existing Law

• Creates a targeted appropriation and bonding authorization for the Tamarack project.
• Uses existing state bonding statutes and constitutional provisions to finance a local demolition and redevelopment effort, without broad changes to general capital bonding processes.

Practical Impact

• Enables Tamarack to proceed with demolition of the school building and related work to address blight and support redevelopment.
• Provides a clearly defined funding mechanism (grants and bonds) for this specific project.

Relevant Terms - Tamarack - school building demolition - separation demolition - removal of the Tamarack school building - gymnasium and shop area building - blighted conditions - redevelopment - reuse of the site - debris removal - site remediation - hazardous materials abatement - restoration - waterproofing - exposed interior wall - bond proceeds fund - grant - commissioner of Employment and Economic Development - commissioner of Management and Budget - Minnesota Statutes sections 16A.631 to 16A.675 - Minnesota Constitution Article XI sections 4 to 7 - bonds - capital investment