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HF 2715

as introduced - 86th Legislature (2009 - 2010) Posted on 02/09/2010 11:32pm

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

Current Version - as introduced

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A bill for an act
relating to capital investment; appropriating money for capital projects at
Bemidji State University and Northwest 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 BEMIDJI STATE UNIVERSITY; NORTHWEST TECHNICAL
COLLEGE.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin (a) $9,450,000 is appropriated from the bond
proceeds fund to the Board of Trustees of the Minnesota State Colleges and Universities
for capital projects at Bemidji State University as specified in this subdivision.
new text end

new text begin (b) $3,500,000 is for the purposes specified in Minnesota Statutes, section 135A.046,
including safety and statutory compliance, building envelope integrity, mechanical
systems, and space restoration.
new text end

new text begin (c) $550,000 is for renovation of psychology classroom and science lab space
renovation.
new text end

new text begin (d) $3,400,000 is for demolition of three buildings and design of an addition to
the business school.
new text end

new text begin (e) $2,000,000 is for acquisition of land, to acquire the site of Bemidji's old high
school and maintenance facility.
new text end

new text begin Subd. 2. new text end

new text begin Appropriation. new text end

new text begin $550,000 is appropriated from the bond proceeds fund
to the Board of Trustees of the Minnesota State Colleges and Universities to renovate
9,955 square feet of space to complete Phase 3 of the industrial technology renovation at
Northwest Technical College at Bemidji.
new text end

new text begin Subd. 3. 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 $10,000,000 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