as introduced - 87th Legislature (2011 - 2012) Posted on 02/14/2012 02:58pm
A bill for an act
relating to capital improvements; authorizing spending to acquire and better
public land and buildings and other improvements of a capital nature at the
University of Minnesota; authorizing the sale and issuance of state bonds;
appropriating money.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1. new text begin CAPITAL IMPROVEMENT APPROPRIATIONS.
|
new text begin
The sums shown in the column under "APPROPRIATIONS" are appropriated from
the bond proceeds fund, or another named fund, to the state agencies or officials indicated,
to be spent for public purposes. Appropriations of bond proceeds must be spent as
authorized by the Minnesota Constitution, article XI, section 5, paragraph (a), to acquire
and better public land and buildings and other public improvements of a capital nature, or
as authorized by the Minnesota Constitution, article XI, section 5, paragraphs (b) to (j), or
article XIV. Unless otherwise specified, the appropriations in this act are available until
the project is completed or abandoned subject to Minnesota Statutes, section 16A.642.
new text end
new text begin
APPROPRIATIONS new text end |
||
$ |
Sec. 2. new text begin UNIVERSITY OF MINNESOTA
|
new text begin Subdivision 1. new text end
new text begin
Total Appropriation
|
new text begin
$ new text end |
new text begin
169,410,000 new text end |
new text begin
To the Board of Regents of the University
of Minnesota for the purposes specified in
this section.
new text end
new text begin Subd. 2. new text end
new text begin
Higher Education Asset Preservation
|
new text begin
90,000,000 new text end |
new text begin
To be spent in accordance with Minnesota
Statutes, section 135A.046.
new text end
new text begin Subd. 3. new text end
new text begin
Duluth Campus
|
new text begin
American Indian Learning Resource Center new text end |
new text begin
7,350,000 new text end |
new text begin
To design, construct, furnish, and equip an
American Indian Learning Resource Center
to colocate existing programs and provide
academic, classroom, computer lab, and
other spaces.
new text end
new text begin Subd. 4. new text end
new text begin
Twin Cities Campus
|
new text begin
(a) Combined Heat and Power Plant new text end |
new text begin
54,000,000 new text end |
new text begin
To design, construct, furnish, and equip the
renovation of the Old Main Steam Plant
facility into a multi-utility plant to serve the
Minneapolis campus.
new text end
new text begin
(b) Eddy Hall Renovation new text end |
new text begin
14,000,000 new text end |
new text begin
To design, construct, furnish, and equip
the renovation of Eddy Hall for the
undergraduate, international, and transfer
student admissions program and to improve
space utilization by decommissioning
Williamson and Fraser Halls.
new text end
new text begin Subd. 5. new text end
new text begin
Itasca Biological Station
|
new text begin
Itasca Facilities Improvements new text end |
new text begin
4,060,000 new text end |
new text begin
To design, construct, furnish, and equip a
new technology-rich biological laboratory
and classroom facility, and to design,
construct, furnish, and equip the renovation
of the historic Lakeside Lab and to remove
obsolete single-function buildings.
new text end
new text begin Subd. 6. new text end
new text begin
University Share
|
new text begin
Except for Higher Education Asset
Preservation and Replacement (HEAPR)
under subdivision 2, the appropriations in this
section are intended to cover approximately
two-thirds of the cost of each project. The
remaining costs must be paid from university
sources.
new text end
new text begin
To provide the money appropriated in this act from the bond proceeds fund, the
commissioner of management and budget shall sell and issue bonds of the state in an
amount up to $169,410,000 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
This act is effective the day following final enactment.
new text end