HF 2749

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

A bill for an act
relating to capital improvements; authorizing the sale and issuance of state
bonds and providing appropriations for projects at Minneapolis Community and
Technical College; appropriating money.

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

Section 1. new text begin APPROPRIATION; MNSCU; CAPITAL PROJECTS AT
MINNEAPOLIS COMMUNITY AND TECHNICAL COLLEGE.
new text end

new text begin Subdivision 1. new text end

new text begin Total appropriation. new text end

new text begin $18,200,000 is appropriated from the bond
proceeds fund to the Board of Trustees of the Minnesota State Colleges and Universities
for the purposes specified in this section.
new text end

new text begin Subd. 2. new text end

new text begin Minneapolis Community and Technical College; workforce program
renovations. new text end

new text begin $12,900,000 is for a project at Minneapolis Community and Technical
College to renovate a 30-year old trade and classroom lab space into more efficient
multipurpose space.
new text end

new text begin Subd. 3. new text end

new text begin Property acquisition; Minneapolis Community and Technical College.
new text end

new text begin $5,300,000 is for the acquisition of real property constituting a portion of a city block near
the campus of Minneapolis Community and Technical College in downtown Minneapolis.
new text end

Sec. 2. new text begin BOND SALE.
new text end

new text begin To provide the money appropriated in section 1 from the bond proceeds fund, the
commissioner of management and budget shall sell and issue bonds of the state in an
amount up to $18,200,000 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