SF5086

Purpose

Provide capital investment funding for phase 2 of the Avivo regional treatment career and employment center campus in Hennepin County. The bill authorizes selling state bonds to finance this project and appropriates money to support a grant to Hennepin County for phase 2.

Main Provisions

• Appropriation (Subdivision 1): Allocates 25,000,000 from the bond proceeds fund to the commissioner of employment and economic development. This money is for a grant to Hennepin County to support phase 2 of the Avivo campus, located at 1825, 1900, 1904, and 1908 Chicago Avenue in Minneapolis. Phase 2 includes:
  • design work
  • site preparation, including demolition
  • any required environmental remediation
  • renovation of existing buildings on the Avivo campus
  • new construction on the Avivo campus
  • furnishing and equipping the improvements
• Bond sale (Subdivision 2): Requires the commissioner of management and budget to sell and issue state bonds up to 25,000,000 to fund the appropriation, under the rules in Minnesota Statutes sections 16A.631 to 16A.675 and the Minnesota Constitution article XI sections 4 to 7.

Financial Implications and Bonding

• Total bonding amount authorized: 25,000,000
• Source of funds: bond proceeds fund
• The state will issue bonds to raise this money, repaid under the applicable bonding laws and constitutional provisions.

Project Scope and Location

• Project: phase 2 of the Avivo regional treatment career and employment center campus
• Location: Minneapolis, Minnesota, at 1825, 1900, 1904, and 1908 Chicago Avenue
• Project components: design, site preparation, demolition, environmental remediation, renovation of existing buildings, new construction, and furnishing/equipment

Administration and Oversight

• Grant administration: commissioner of employment and economic development
• Bond issuance: commissioner of management and budget
• Legal authority referenced: Minnesota Statutes 16A.631–16A.675 and Minnesota Constitution article XI (sections 4–7)

Effect on Law

• This bill creates a new appropriation funded by bonds for a specific capital project and directs bond issuance. It relates to the state’s capital investment program and does not change existing program structure beyond authorizing funding for this project.

Notes

• The text provided does not include an effective date or other unrelated provisions.

Relevant Terms bond proceeds fund appropriation grant to Hennepin County Avivo regional treatment career and employment center campus phase 2 design site preparation demolition environmental remediation renovation new construction furnishing and equipping bonds sale and issue bonds 25,000,000 (twenty-five million) Minnesota Statutes 16A.631 to 16A.675 Minnesota Constitution article XI sections 4 to 7 commissioner of employment and economic development commissioner of management and budget Hennepin County Chicago Avenue Minneapolis