Tidbits January 2023

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CITY BUYS PEOPLES' WAY
On Dec. 8, 2022, the city council approved the purchase of 3744 Chicago Ave. S., the former Speedway now known as the Peoples' Way at George Floyd Square. The cost to the city is $200,000 plus $15,000 for building security, according to the city's fiscal note, and would be drawn from existing funds. The seller, Realty Income, donated the $420,000 difference between the purchase price and the property's fair market value. Future additional costs to manage and activate the site are estimated at $650,000 and $900,000. Funding for these later phases is not yet appropriated.

NEW ARTWORK COMING TO G CONCOURSE
Internationally renowned artist Kipp Kobayashi has been selected to design and install a centerpiece artwork within the new two-story G Concourse Rotunda at Minneapolis-St. Paul International Airport (MSP), the 16th busiest North American airport by passengers. The yet-to-be designed artwork will be installed in the recently expanded east-end of the G concourse in Terminal 1. The Los Angelos-based Kobayashi was selected from MSP’s public artist roster. He will begin a community engagement process to inform his design process in early 2023. The ultimate design will be finalized by mid-2023, with installation set for late 2023 or early 2024.

COMMITTEE ASSIGNMENTS FOR NEW SENATOR
State Senator-elect Zaynab Mohamed (DFL – Minneapolis) was appointed to the Senate Finance committee, a panel traditionally reserved only for senior members of the Senate. “The Finance Committee plays a critical role in shaping Minnesota’s budget,” said Senator-elect Mohamed. The Finance Committee has broad jurisdiction over all bills appropriating money, meaning the incoming Senator will play a key role in shaping decisions about allocating the state budget surplus. Senator-elect Mohamed was also appointed as Vice Chair of the Jobs & Economic Development Committee and will serve on the Housing and Capital Investment Committees.

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