HF 3538

as introduced - 93rd Legislature (2023 - 2024) Posted on 02/14/2024 12:20pm

A bill for an act
relating to capital investment; appropriating money for higher education projects
at the Minnesota State Colleges and Universities; authorizing the sale and issuance
of state bonds.

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

Section 1. new text begin MINNESOTA STATE COLLEGES AND UNIVERSITIES.
new text end

new text begin Subdivision 1. new text end

new text begin Total appropriation. new text end

new text begin $541,419,000 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 Higher education asset preservation and replacement
(HEAPR). new text end

new text begin $200,000,000 of this appropriation is to be spent in accordance with Minnesota
Statutes, section 135A.046.
new text end

new text begin Subd. 3. new text end

new text begin Saint Paul College. new text end

new text begin $31,834,000 of this appropriation is to renovate and equip
classroom, lab, and student services space and demolish the College Learning Center
building, which will be replaced by the renovations at Saint Paul College.
new text end

new text begin Subd. 4. new text end

new text begin Minnesota State University, Mankato. new text end

new text begin $86,255,000 of this appropriation is
to demolish, construct, and equip the replacement of Armstrong Hall; and to renovate and
equip Wiecking Center, Performing Arts Center, the library, and Morris Hall at Minnesota
State University, Mankato.
new text end

new text begin Subd. 5. new text end

new text begin Winona State University. new text end

new text begin $71,793,000 of this appropriation is to construct
and equip a net zero energy building that will contain flexible classroom space and student
support services and to demolish Gildemeister and Watkins Halls, which will be replaced
by the net zero energy building at Winona State University.
new text end

new text begin Subd. 6. new text end

new text begin Alexandria Technical and Community College. new text end

new text begin $34,440,000 of this
appropriation is to renovate and equip student services space and demolish obsolete campus
space, which will be replaced by the new renovated student services space and the new
Transportation Center, and to construct and equip the new Transportation Center building
at Alexandria Technical and Community College.
new text end

new text begin Subd. 7. new text end

new text begin Riverland Community College. new text end

new text begin $17,140,000 of this appropriation is to design,
renovate, and equip student services space at Riverland Community College, Austin campus.
new text end

new text begin Subd. 8. new text end

new text begin Southwest Minnesota State University. new text end

new text begin $14,018,000 of this appropriation is
to design, construct, renovate, and equip the Wellness and Human Performance Center at
Southwest Minnesota State University.
new text end

new text begin Subd. 9. new text end

new text begin St. Cloud State University. new text end

new text begin $3,429,000 of this appropriation is to design the
demolition and replacement of the Education Building with the new Education Building at
St. Cloud State University.
new text end

new text begin Subd. 10. new text end

new text begin Rochester Community and Technical College. new text end

new text begin $13,203,000 of this
appropriation is to renovate and equip space for Career and Technical Education programs
at the Heintz Center at Rochester Community and Technical College.
new text end

new text begin Subd. 11. new text end

new text begin Minnesota West Community and Technical College. new text end

new text begin $9,672,000 of this
appropriation is to design, renovate, and equip nursing spaces at the Granite Falls and
Worthington campuses; and to design, renovate, and equip student services space at the
Granite Falls campus of Minnesota West Community and Technical College.
new text end

new text begin Subd. 12. new text end

new text begin Ridgewater College. new text end

new text begin $8,268,000 of this appropriation is to design, renovate,
and equip space for electrician, automation, nursing, allied health, and early childhood
programs, as well as general classroom and student services space, at the Hutchinson campus
of Ridgewater College.
new text end

new text begin Subd. 13. new text end

new text begin Minnesota State College Southeast. new text end

new text begin $14,575,000 of this appropriation is to
design, renovate, and equip space for classroom and lab space for nursing, health science,
radiology, and cosmetology, as well as student services space, on the Winona campus of
Minnesota State College Southeast.
new text end

new text begin Subd. 14. new text end

new text begin South Central College. new text end

new text begin $6,189,000 of this appropriation is to design, renovate,
and equip classroom and lab spaces for agribusiness, architectural drafting and design, civil
engineering technology, dental assisting, emergency medical services, and geographic
information systems programs at the North Mankato campus of South Central College.
new text end

new text begin Subd. 15. new text end

new text begin Anoka-Ramsey Community College. new text end

new text begin $14,504,000 of this appropriation is
to design, renovate, and equip lab space serving biology, chemistry, physics, natural sciences,
and engineering programs at the Coon Rapids campus of Anoka-Ramsey Community
College.
new text end

new text begin Subd. 16. new text end

new text begin Dakota County Technical College. new text end

new text begin $1,588,000 of this appropriation is to
design the renovation of existing classroom and lab spaces serving the electrical lineworker,
HVAC/R, allied health and nursing, and medical assistant programs and to design the
construction of a new detached building serving the electrical lineworker program to replace
the existing lineworker building at Dakota County Technical College.
new text end

new text begin Subd. 17. new text end

new text begin Normandale Community College. new text end

new text begin $14,511,000 of this appropriation is to
design, renovate, and equip the main level and mezzanine of the library building to enhance
student support services and improve access to library collections at Normandale Community
College.
new text end

new text begin Subd. 18. new text end

new text begin Debt service. new text end

new text begin (a) Except as provided in paragraph (b), the Board of Trustees
shall pay the debt service on one-third of the principal amount of state bonds sold to finance
projects authorized by this section. After each sale of general obligation bonds, the
commissioner of management and budget shall notify the board of the amounts assessed
for each year for the life of the bonds.
new text end

new text begin (b) The board need not pay debt service on bonds sold to finance HEAPR. Where a
nonstate match is required, the debt service is due on a principal amount equal to one-third
of the total project cost, less the match committed before the bonds are sold.
new text end

new text begin (c) The commissioner of management and budget shall reduce the board's assessment
each year by one-third of the net income from investment of general obligation bond proceeds
in proportion to the amount of principal and interest otherwise required to be paid by the
board. The board shall pay its resulting net assessment to the commissioner of management
and budget by December 1 each year. If the board fails to make a payment when due, the
commissioner of management and budget shall reduce allotments for appropriations from
the general fund otherwise available to the board and apply the amount of the reduction to
cover the missed debt service payment. The commissioner of management and budget shall
credit the payments received from the board to the bond debt service account in the state
bond fund each December 1 before money is transferred from the general fund under
Minnesota Statutes, section 16A.641, subdivision 10.
new text end

new text begin Subd. 19. new text end

new text begin Unspent appropriations. new text end

new text begin (a) Upon substantial completion of a project
authorized in this section and after written notice to the commissioner of management and
budget, the board must use any money remaining in the appropriation for that project for
HEAPR under Minnesota Statutes, section 135A.046. The Board of Trustees must report
by February 1 of each even-numbered year to the chairs of the house of representatives and
senate committees with jurisdiction over capital investment and higher education finance,
and to the chairs of the house of representatives Ways and Means Committee and the senate
Finance Committee, on how the remaining money has been allocated or spent.
new text end

new text begin (b) The unspent portion of an appropriation for a project in this section that is complete
is available for HEAPR under this subdivision, at the same campus as the project for which
the original appropriation was made and the debt service requirement under this section is
reduced accordingly. Minnesota Statutes, section 16A.642, applies from the date of the
original appropriation to the unspent amount transferred.
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

Sec. 2. 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 $541,419,000 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