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Bill > HF680


MN HF680

MN HF680
New Hope Golf Course; capital improvements funding provided, bonds issued, and money appropriated.


summary

Introduced
02/13/2025
In Committee
02/13/2025
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 appropriates $853,000 in state bond proceeds to the city of New Hope for capital improvements to the New Hope Golf Course. Specifically, the funding will be used to predesign, design, construct, reconstruct, and equip several specific improvements: replacing the golf course irrigation system, reconstructing paved golf cart paths, and building a new cold equipment storage facility. The bill authorizes the commissioner of management and budget to sell and issue state bonds up to $853,000 to fund these improvements, following the procedures outlined in Minnesota Statutes and the state constitution. The bonds will be sold according to standard state bonding processes, which typically involve selling the bonds to investors and using the proceeds to fund the specified infrastructure project. The bill becomes effective immediately after it is enacted, allowing the city of New Hope to proceed with the golf course improvements using the state-provided funding.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

Hearing (10:15:00 4/1/2025 ) (on 04/01/2025)

bill text


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