HF 2905

as introduced - 88th Legislature (2013 - 2014) Posted on 03/10/2014 01:14pm

A bill for an act
relating to capital investment; appropriating money for Art Hall renovation and
postdemolition design of Plaza and Memorial Halls at Rochester Community and
Technical College; authorizing the sale and issuance of state bonds.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. new text begin ROCHESTER COMMUNITY AND TECHNICAL COLLEGE; ART
HALL RENOVATION AND POSTDEMOLITION DESIGN OF PLAZA AND
MEMORIAL HALLS.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $1,000,000 is appropriated from the bond proceeds
fund to the Board of Trustees of the Minnesota State Colleges and Universities for design
and preliminary relocations in 2014 for Art Hall renovation and postdemolition of Plaza
and Memorial Halls at Rochester Community Technical College.
new text end

new text begin Subd. 2. new text end

new text begin Bond sale. new text end

new text begin To provide the money appropriated in this section from the
bond proceeds fund, the commissioner of management and budget shall sell and issue
bonds of the state in an amount up to $1,000,000 in the manner, upon the terms, and with
the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
Minnesota Constitution, article XI, sections 4 to 7.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end