HF 3392

as introduced - 90th Legislature (2017 - 2018) Posted on 03/08/2018 02:17pm

A bill for an act
relating to capital investment; appropriating money for phase 1 of the classroom
and student services building project at Normandale Community 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 NORMANDALE COMMUNITY COLLEGE; CLASSROOM AND
STUDENT SERVICES BUILDING IMPROVEMENTS.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $12,636,000 is appropriated from the bond proceeds
fund to the Board of Trustees of the Minnesota State Colleges and Universities for Phase
1 of a two-phase project at Normandale Community College. Phase 1 is to design Phases
1 and 2 and to construct the first phase, including renovation of five classrooms, remodeling
space to create a centralized Student Service Hub, and constructing site improvements for
ADA compliance and storm water management.
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 $12,636,000 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