as introduced - 87th Legislature (2011 - 2012) Posted on 01/31/2011 10:26am
A bill for an act
relating to capital investment; appropriating money for classroom renovation and
addition at South Central College in Faribault; authorizing the sale and issuance
of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$13,360,000 is appropriated from the bond proceeds
fund to the Board of Trustees of the Minnesota State Colleges and Universities to
complete design and to construct, furnish, and equip an addition, and to renovate space for
classrooms, a learning resource center, related spaces, and laboratories on the campus of
South Central College in Faribault.
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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 $13,360,000 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.
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This section is effective the day following final enactment.
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