SF 1801

as introduced - 88th Legislature (2013 - 2014) Posted on 02/26/2014 09:10am

A bill for an act
relating to capital investment; appropriating money for the St. Paul College
culinary arts and computer numerical control/machine tool renovation;
authorizing the sale and issuance of state bonds.

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

Section 1. ST. PAUL COLLEGE; CULINARY ARTS AND COMPUTER
NUMERICAL CONTROL/MACHINE TOOL RENOVATION.

Subdivision 1.

Appropriation.

$1,500,000 is appropriated from the bond proceeds
fund to the Board of Trustees of the Minnesota State Colleges and Universities for St.
Paul College for the following purposes:

(1) $750,000 to design, renovate, furnish, and equip culinary arts academic program
spaces; and

(2) $750,000 to design, renovate, furnish, and equip computer numerical
control/machine tool and sheet metal academic program spaces.

Subd. 2.

Bond sale.

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 $1,500,000 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.

EFFECTIVE DATE.

This section is effective the day following final enactment.