HF 3499

as introduced - 90th Legislature (2017 - 2018) Posted on 03/08/2018 02:31pm

A bill for an act
relating to capital investment; appropriating money for the Central Lakes College
student services and academic support project; authorizing the sale and issuance
of state bonds.

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

Section 1. new text begin CENTRAL LAKES COLLEGE; STUDENT SERVICES AND ACADEMIC
SUPPORT.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $455,000 is appropriated from the bond proceeds fund
to the Board of Trustees of the Minnesota State Colleges and Universities to design the
renovation of the student support and student life areas within the main campus building at
Central Lakes College.
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 $455,000 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