Discussion:
Capital budget bills are passed in even-numbered years. The State of Minnesota's capital budget includes funding to local government entities for projects primarily relating to the repair and construction of various types of infrastructure, including schools, parks, bridges, and waste-water treatment facilities, etc.
The Hub will centralize resources and opportunities for residents of Shakopee, Scott and Carver County, and beyond, with a focus on building diverse pathways into the workforce, through apprenticeships, vocational training, higher education, and entrepreneurship. It will function as an activity center including space for co-working, entrepreneurs, commercial kitchen, events, and both classroom and practical training. The proposed 36,000-square-foot multi-use facility will be developed on a city-owned site located in Shakopee’s historic downtown and will function as a nexus of education, workforce training, and innovation to support economic development and opportunity in Scott County.
$4 million in state funds is requested to partially fund the proposed Hub Regional Innovation Center. $1.5 million in funding has already been secured from Congressionally Directed Spending with $1 million being requested this year.