Minnesota 2023-2024 Regular Session

Minnesota Senate Bill SF4675

Introduced
3/7/24  

Caption

Edina Aquatic Center capital improvements bond issuance and appropriation

Impact

The bill proposes to utilize state bond proceeds to finance these improvements, which has implications for both local governance in Edina and state fiscal policies. By authorizing the sale and issuance of bonds, this measure positions Illinois to support local infrastructure projects through state-led financing. This approach not only aims to enhance local recreational facilities, thereby contributing to community wellbeing, but also emphasizes the state's role in enabling local development initiatives through financial mechanisms.

Summary

SF4675 is a legislative proposal aimed at securing $10,500,000 in state funding for significant capital improvements at the Edina Aquatic Center. This funding is intended to cover major projects necessary for the preservation or replacement of existing mechanical and electrical systems, as well as utility infrastructure enhancements. Additionally, it includes site renovations to bolster ongoing operations and may also involve energy conservation improvements, aligning with broader state objectives around sustainable infrastructure development.

Contention

While the bill primarily focuses on infrastructure enhancement, it may face scrutiny regarding the allocation of state resources, particularly in times of budget constraints. Stakeholders may debate the effectiveness of such funding in achieving desired outcomes relative to other pressing state needs. There could also be concerns regarding the long-term financial commitments associated with bond issuance, including the implications for state debt and future budget priorities.

Companion Bills

MN HF4379

Similar To Edina Aquatic Center capital improvements funding provided, bonds issued, and money appropriated.

Previously Filed As

MN SF1477

Edina Aquatic Center capital improvements bond issue and appropriation

MN HF4379

Edina Aquatic Center capital improvements funding provided, bonds issued, and money appropriated.

MN SF1645

Wright Technical Center capital improvements bond issuance and appropriation

MN SF790

City of Marshall MERIT center capital improvements bond issuance and appropriation

MN SF2357

City of St. Paul Ordway Center capital safety improvements bond issuance and appropriation

MN SF480

Crystal Aquatic Center bond issue and appropriation

MN SF2177

Jackson Area Recreation Center capital improvements bond issue and appropriation

MN SF3056

Capital improvement bond issuance and appropriation

MN SF804

City of Stillwater St. Croix Valley Recreation Center capital improvements bond issuance and appropriation

MN SF3439

South St. Paul pool and aquatics center appropriation

Similar Bills

No similar bills found.