Item Description:
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Authorize county staff to pursue 2024 state general obligation bonding appropriations
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Resolution:
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BE IT RESOLVED, that the Hennepin County Board of Commissioners does hereby authorize county staff to request 2024 state general obligation bonding appropriations to recondition Hennepin Avenue Bridge - $8,613,000 request for 2024 (received $3,500,000 in 2023); and
BE IT FURTHER RESOLVED, that the Hennepin County Board of Commissioners supports the efforts of others in their request for 2024 state general obligation appropriations for Avivo - $26,662,000 request for 2024 (received $1,700,000 in 2020 for design); and
BE IT FURTHER RESOLVED, that the preliminary Hennepin County 2024 legislative platform be updated to include the projects and requested state bonding amounts noted above.
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Background:
Pursuant to Minnesota Statutes 16A.86, the Minnesota Department of Management & Budget has solicited requests from local governments for possible inclusion within the State's 2024 capital bonding appropriation. The requests have been preliminarily submitted to the state in June 2023, with final signoff scheduled for October 2023.
County staff has reviewed the Board approved 2023-2027 Capital Improvement Program and determined that the reconditioning of the Hennepin Avenue Suspension Bridge continues to be a strong candidate for state bonding due to its significant regional impact. The reconditioning will maintain this asset for all Minnesota residents and visitors for years to come. $3,500,000 in state funds were approved as part of the 2023 legislative process.
In addition, the county may act as fiscal agent for up to three non-county entities that meet the county's requirements as approved in Resolution 21-0472. For 2024 state bonding requests, Avivo has met those requirements and has requested the county's continued support for renovations and additions to their Minneapolis campus. In 2020, Avivo received $1.7 million i...
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