Sears site road and utility infrastructure funding provided, bonds issued, and money appropriated.

Summary

The bill authorizes Minnesota to sell appropriation bonds to raise money for streets, sidewalks, lighting, water and sewer infrastructure on the former Sears property. The bonds are capped at $95 million net of issuance costs and will be repaid from general‑fund appropriations, bond proceeds and investment earnings. The funding would cover demolition, environmental cleanup, design and construction needed for redevelopment.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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