SF1401 (Legislative Session 94 (2025-2026))
St. Paul Shepard Road public real bond issue and appropriation
Related bill: HF1420
AI Generated Summary
Purpose
This bill proposes a capital investment project to create a public realm over Shepard Road in the city of St. Paul. It authorizes the sale of state bonds to fund a grant to Ramsey County for the project, and directs specific steps to plan and build the public space and related infrastructure.
Main Provisions
- Subdivision 1 – Appropriation: The bill would appropriate $20,000,000 from the bond proceeds fund to the commissioner of employment and economic development. The funds would be used for a grant to Ramsey County to predesign, design, engineer, construct, furnish, and equip a public realm in the city of St. Paul over a portion of Shepard Road and adjacent rail lines, including related infrastructure.
- Subdivision 2 – Bond Sale: To provide the money, the commissioner of management and budget would sell and issue state bonds totaling up to $20,000,000. The bond issuance would follow Minnesota statutes 16A.631 to 16A.675 and the requirements of Minnesota Constitution Article XI (sections 4 to 7).
What the Bill Seeks to Accomplish
- Establish a funded plan to create or enhance a public realm in a specific area of St. Paul, improving public space and related infrastructure over Shepard Road and nearby rail lines.
- Translate the project into a financed effort by issuing state bonds and providing a grant mechanism to Ramsey County through the Department of Employment and Economic Development.
Significant Changes to Existing Law
- Creates a new appropriation within the capital investment framework specifically for a public realm project in St. Paul.
- Authorizes the issuance of up to $20,000,000 in state bonds to finance the project, expanding the bond-issuing authority to support this specific public realm initiative.
Funding and Implementation Details
- Funding Source: Bond proceeds fund.
- Implementing Agency: Commissioner of Employment and Economic Development (for the grant to Ramsey County).
- Recipient: Ramsey County, for the stated public realm project over Shepard Road.
- Execution Scope: Includes predesign, design, engineering, construction, furnishing, and equipping, plus related infrastructure.
Compliance and Legal Framework
- Bond issuance would be conducted under Minnesota Statutes sections 16A.631 to 16A.675.
- Bond terms and authority would align with Minnesota Constitution Article XI, sections 4 through 7.
Potential Impacts
- Improved public space and infrastructure in the Shepard Road area.
- Economic and community development opportunities associated with enhanced public realm.
Relevant Terms - public realm - Shepard Road - St. Paul - Ramsey County - grant - predesign - design - engineer - construct - furnish - equip - infrastructure - bond proceeds fund - bond sale - Minnesota Statutes 16A.631 to 16A.675 - Minnesota Constitution Article XI - Department of Employment and Economic Development
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| February 13, 2025 | Senate | Action | Introduction and first reading | ||
| February 13, 2025 | Senate | Action | Referred to | Capital Investment |
Citations
[
{
"analysis": {
"added": [],
"removed": [],
"summary": "This bill authorizes the sale of state bonds to fund a public realm project in the city of St. Paul, and specifies that the bond sale is conducted in the manner prescribed by Minnesota Statutes sections 16A.631 to 16A.675.",
"modified": []
},
"citation": "16A.631 to 16A.675",
"subdivision": "Subd.2"
}
]Progress through the legislative process
In Committee