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HF 2069

as introduced - 93rd Legislature (2023 - 2024) Posted on 02/12/2024 12:45pm

KEY: stricken = removed, old language.
underscored = added, new language.

Current Version - as introduced

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1.17

A bill for an act
relating to capital investment; appropriating money for capital improvements at
Wright Technical Center; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin WRIGHT TECHNICAL CENTER; CAPITAL IMPROVEMENTS.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $9,500,000 is appropriated from the bond proceeds fund
to the commissioner of education for a grant to Wright Technical Center to predesign,
design, construct, renovate, furnish, and equip improvements and betterments of a capital
nature at Wright Technical Center and its affiliated facilities in the city of Buffalo, including
major projects to preserve or replace mechanical, electrical, and security systems; utility
infrastructure; and site renovations to support ongoing operations.
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 $9,500,000 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