Get AI Briefings, Transcripts & Alerts on Local & National Government Meetings — Forever.
Hennepin County holds public hearings on up to $275 million in CIP bonds and on the HUD 2026 action plan
Loading...
Summary
County staff presented a public hearing on issuing up to $275 million in general‑obligation bonds to fund the 2026–2030 capital improvement program and held the required hearing on the HUD 2026 annual action plan; both hearings drew no public callers and were closed.
County staff opened a required public hearing on the financing of capital projects included in Hennepin County’s adopted 2026–2030 capital improvement program and told the administration operations & budget committee that the County anticipates issuing up to $275,000,000 of general‑obligation bonds this calendar year to cash‑flow a range of projects.
The staff summary listed planned or previously approved projects that bond proceeds would help fund, including library projects at Southdale and West Tonka, remodeling work at the adult correctional facility, infrastructure preservation and improvements across county properties including the government center and the HHS medical center campus, and various road and bridge projects. “It is anticipated that 1 or more series of bonds will be issued this calendar year,” staff stated during the hearing.
The committee also held a required public hearing on the county’s HUD 2026 annual action plan. Julia Welly Ayers of Housing and Economic Development explained that the draft plan — released to commissioners March 23 — outlines proposed uses of federal Community Development Block Grant, HOME Investment Partnerships and Emergency Solutions Grant funds for the program year starting July 1. Ayers said the public comment period remains open through April 22 and that staff will include public comments heard today and during the written comment period in the final action plan. The plan will return in May for authorization to submit to HUD and to negotiate and execute agreements with city and community partners.
Public participation: staff called the toll‑free line and reported no callers; no in‑person members of the public addressed either hearing. The chair moved to close each hearing; motions were seconded and approved by voice vote.
Next steps: the HUD action plan remains open to written comment through April 22; county staff said they will return to the board in May to seek authorization to submit the final action plan to HUD and to execute agreements. The timing and structure of any bond issuance will be set by the county’s finance schedule and market conditions later in the year; no bond sale authorization was taken at this meeting.
