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MN SF1031

New Hope Golf Course bond issuance and appropriation


summary

Introduced
02/06/2025
In Committee
02/06/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to capital investment; appropriating money for capital improvements at the New Hope Golf Course; authorizing the sale and issuance of state bonds.

AI Summary

This bill provides $853,000 in state bond funding for capital improvements to the New Hope Golf Course. Specifically, the funding will support the replacement of the golf course's irrigation system, reconstruction of paved golf cart paths, and construction of a new cold equipment storage facility. The Minnesota commissioner of management and budget is authorized to sell and issue state bonds up to $853,000 to finance these improvements, following standard state bonding procedures outlined in Minnesota Statutes. The bonds will be issued according to existing state constitutional and statutory guidelines for bond issuance. The appropriation is a grant to the city of New Hope and is intended to make significant infrastructure and facility upgrades to the municipal golf course. The bill becomes effective immediately after it is enacted, enabling the city to proceed with the planned improvements.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred to Capital Investment (on 02/06/2025)

bill text


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