HF 2717

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

A bill for an act
relating to capital investment; appropriating money for capital improvements at
Anoka Ramsey Community College, Coon Rapids; authorizing the sale and
issuance of state bonds.

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

Section 1. new text begin ANOKA RAMSEY COMMUNITY COLLEGE, COON RAPIDS.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $21,841,000 is appropriated from the bond proceeds
fund to the Board of Trustees of Minnesota State Colleges and Universities for Anoka
Ramsey Community College for the capital improvement projects at the Coon Rapids
campus under this subdivision:
new text end

new text begin (1) $5,357,000 is to complete the design, renovate, furnish, and equip the fine arts
classroom and lab building; and
new text end

new text begin (2) $16,484,000 is to complete the design, construct, furnish, and equip a Bioscience
and Allied health addition and renovation to support Science, Technology, and Math
(STEM) and nursing program initiatives.
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 $21,841,000 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