1 | 1 | | 1.1 A bill for an act |
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2 | 2 | | 1.2 relating to economic development; appropriating money to the Dakota County |
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3 | 3 | | 1.3 Community Development Agency for Expo 2031. |
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4 | 4 | | 1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: |
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5 | 5 | | 1.5 Section 1. APPROPRIATION. |
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6 | 6 | | 1.6 $1,000,000 in fiscal year 2026 is appropriated from the general fund to the Dakota |
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7 | 7 | | 1.7County Community Development Agency for the Expo 2031 host organization. The Dakota |
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8 | 8 | | 1.8County Community Development Agency must enter into an agreement with the host |
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9 | 9 | | 1.9organization over the use of the money, which may be used for activities, including but not |
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10 | 10 | | 1.10limited to necessary licensing fees as required by law for public-private partnerships, |
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11 | 11 | | 1.11finalizing development planning, and reimbursement of costs incurred by the Dakota County |
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12 | 12 | | 1.12Community Development Agency. The host organization and Dakota County Community |
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13 | 13 | | 1.13Development Agency may be reimbursed for expenses 90 days prior to encumbrance. This |
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14 | 14 | | 1.14appropriation is contingent on approval of the project by the International Association of |
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15 | 15 | | 1.15Horticultural Producers and the Bureau International des Expositions. If the project is not |
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16 | 16 | | 1.16approved by the International Association of Horticultural Producers and the Bureau |
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17 | 17 | | 1.17International des Expositions, the money shall transfer to the Minnesota investment fund |
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18 | 18 | | 1.18under Minnesota Statutes, section 116J.8731. This is a onetime appropriation and any |
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19 | 19 | | 1.19unencumbered balance remaining at the end of the first year does not cancel but is available |
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20 | 20 | | 1.20for the second year. |
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21 | 21 | | 1Section 1. |
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22 | 22 | | 25-05529 as introduced05/02/25 REVISOR SS/ES |
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23 | 23 | | SENATE |
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24 | 24 | | STATE OF MINNESOTA |
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25 | 25 | | S.F. No. 3500NINETY-FOURTH SESSION |
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26 | 26 | | (SENATE AUTHORS: MAYE QUADE, Duckworth, Klein, Lieske and Carlson) |
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27 | 27 | | OFFICIAL STATUSD-PGDATE |
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28 | 28 | | Introduction and first reading05/08/2025 |
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29 | 29 | | Referred to Jobs and Economic Development |
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