SF919 (Legislative Session 94 (2025-2026))

Hardwood Creek Regional Trail bond issuance and appropriation

Related bill: HF233

AI Generated Summary

Purpose

Approve funding and authorize state debt to extend the Hardwood Creek Regional Trail in Hugo, by providing a grant to Washington County funded through state bonds and managed by the Metropolitan Council.

Main Provisions

  • Subd.1 Appropriation: $1,000,000 is appropriated from the bond proceeds fund to the Metropolitan Council for a grant to Washington County. This money is for the acquisition, design, and construction of the Hardwood Creek Regional Trail extension within the city of Hugo.
  • Subd.2 Bond Sale: The commissioner of management and budget must sell and issue bonds of the state up to $1,000,000 to finance the appropriation. This bond sale will follow the terms prescribed by Minnesota law (Minnesota Statutes sections 16A.631 to 16A.675) and the Minnesota Constitution (Article XI, sections 4 to 7).

Financial Effects

  • Funding source: bond proceeds fund.
  • Purpose: to provide a grant to Washington County for the trail project, via the Metropolitan Council.
  • Debt issuance: up to $1,000,000 in state bonds.

Implementation Details

  • The Metropolitan Council is the recipient of the appropriation and will administer the grant to Washington County for the trail project.
  • The project focus is the acquisition of land, and the design and construction of the Hardwood Creek Regional Trail extension in Hugo.

Significance and Changes to Existing Law

  • Establishes a new capital investment funding and debt authority specifically for this trail project.
  • Uses existing bonding processes and legal authorities (statutes and constitutional provisions) to issue the bonds and fund the grant.

Beneficiaries and Scope

  • Beneficiary: Washington County.
  • Project location: Hardwood Creek Regional Trail extension within the city of Hugo, Washington County.

Relevant Terms - Hardwood Creek Regional Trail - Washington County - City of Hugo - grant - acquisition - design - construction - Metropolitan Council - bond proceeds fund - bonds - bond sale / issuance - up to $1,000,000 - Minnesota Statutes 16A.631 to 16A.675 - Minnesota Constitution Article XI (sections 4 to 7) - capital investment - trail project

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
February 03, 2025SenateActionIntroduction and first reading
February 03, 2025SenateActionReferred toCapital Investment

Citations

 
[
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "This bill cites Minnesota Statutes sections 16A.631 to 16A.675 as the authority for the sale and issuance of state bonds to fund the Hardwood Creek Regional Trail project.",
      "modified": []
    },
    "citation": "16A.631 to 16A.675",
    "subdivision": ""
  }
]

Progress through the legislative process

17%
In Committee
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