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Bill > H327


NC H327

NC H327
Funds for Hope Mills/Capital Projects


summary

Introduced
03/06/2025
In Committee
03/10/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 Session

Bill Summary

AN ACT TO APPROPRIATE FUNDS TO THE TOWN OF HOPE MILLS FOR VARIOUS CAPITAL PROJECTS.

AI Summary

This bill appropriates $16,564,000 in nonrecurring funds from the General Fund to the Office of State Budget and Management for the Town of Hope Mills for two specific capital projects during the 2025-2026 fiscal year. The first project is a $13,134,000 allocation for constructing a new community center, and the second is a $3,430,000 grant to design and renovate the Hope Mills Senior Center to ensure it meets Americans with Disabilities Act (ADA) compliance standards. The funding will be provided as a directed grant, meaning the funds are specifically designated for these predetermined purposes. The appropriation will become effective on July 1, 2025, which marks the start of the fiscal year for which the funds are allocated. This bill represents a significant investment in local infrastructure and community facilities for the Town of Hope Mills, with a particular focus on creating a new community center and improving accessibility for senior citizens.

Committee Categories

Budget and Finance

Sponsors (5)

Last Action

Ref to the Com on Appropriations, if favorable, Rules, Calendar, and Operations of the House (on 03/10/2025)

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