SF 3092

Introduction - 92nd Legislature (2021 - 2022)

Posted on 02/15/2022 08:11 a.m.

A bill for an act
relating to capital investment; appropriating money for University of Minnesota
capital projects; requiring a report; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin CAPITAL IMPROVEMENT APPROPRIATIONS. new text end

new text begin The sums shown in the column under "Appropriations" are appropriated from the bond
proceeds fund, or another named fund, to the state agencies or officials indicated, to be
spent for public purposes. Appropriations of bond proceeds must be spent as authorized by
the Minnesota Constitution, article XI, section 5, paragraph (a), to acquire and better public
land and buildings and other public improvements of a capital nature, or as authorized by
the Minnesota Constitution, article XI, section 5, paragraphs (b) to (j), or article XIV. Unless
otherwise specified, money appropriated in this act:
new text end

new text begin (1) may be used to pay state agency staff costs that are attributed directly to the capital
program or project in accordance with accounting policies adopted by the commissioner of
management and budget;
new text end

new text begin (2) is available until the project is completed or abandoned subject to Minnesota Statutes,
section 16A.642;
new text end

new text begin (3) for activities under Minnesota Statutes, sections 16B.307, 84.946, and 135A.046,
should not be used for projects that can be financed within a reasonable time frame under
Minnesota Statutes, section 16B.322 or 16C.144; and
new text end

new text begin (4) is available for a grant to a political subdivision after the commissioner of management
and budget determines that an amount sufficient to complete the project as described in this
act has been committed to the project, as required by Minnesota Statutes, section 16A.502.
new text end

new text begin APPROPRIATIONS new text end

Sec. 2. new text begin UNIVERSITY OF MINNESOTA new text end

new text begin Subdivision 1. new text end new text begin Total Appropriation new text end

new text begin $ new text end

new text begin 685,640,000 new text end

new text begin To the Board of Regents of the University of
Minnesota 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 400,000,000 new text end

new text begin 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 Twin Cities - Fraser Hall Chemistry Undergraduate Teaching Laboratory new text end

new text begin 72,000,000 new text end

new text begin To predesign, design, construct, furnish, and
equip the renovation of and an addition to
Fraser Hall for an undergraduate chemistry
teaching laboratory facility on the Twin Cities
campus. This project includes demolition of
obsolete portions of Fraser Hall.
new text end

new text begin Subd. 4. new text end new text begin Duluth - Science Education Building new text end

new text begin 1,640,000 new text end

new text begin To predesign and design a renovation of the
former chemistry building on the Duluth
campus to provide collaborative spaces for
learning, active learning classrooms,
laboratories, and research space.
new text end

new text begin Subd. 5. new text end new text begin Future of Advanced Agriculture Research in Minnesota new text end

new text begin 60,000,000 new text end

new text begin To acquire land, predesign, design, construct,
furnish, and equip new facilities in Mower
County to house the Future of Advanced
Agriculture Research in Minnesota (FAARM)
program that will support an integrated science
approach to addressing interaction of soil,
water, plant, animal, environmental, and
human health in a managed research and
education system. The facilities will include
classroom and laboratory space, animal
shelter, equipment storage space, and space
for associated supportive functions.
new text end

new text begin Subd. 6. new text end new text begin Duluth - Academic Health Center new text end

new text begin 12,000,000 new text end

new text begin For predesign, design, and preconstruction
services for a new Academic Health Center
facility for the Duluth College of Pharmacy
and Medical School to be colocated in the
emerging medical district in downtown
Duluth.
new text end

new text begin Subd. 7. new text end new text begin Twin Cities - Health Discovery Hub new text end

new text begin 140,000,000 new text end

new text begin $140,000,000 is appropriated from the bond
proceeds fund to the Board of Regents of the
University of Minnesota to construct, furnish,
and equip a new facility on the Twin Cities
campus to advance clinical and
outcomes-focused research projects and
provide access to advanced treatments and
state-of-the-art care for patients and their
families in Minnesota.
new text end

new text begin Subd. 8. new text end new text begin University Share new text end

new text begin Except for the appropriations for HEAPR and
the FAARM project, the appropriations in this
section are intended to cover approximately
two-thirds of the cost of each project. The
remaining costs must be paid from university
sources.
new text end

new text begin Subd. 9. new text end new text begin Unspent Appropriations new text end

new text begin Upon substantial completion of a project
authorized in this section and after written
notice to the commissioner of management
and budget, the Board of Regents must use
any money remaining in the appropriation for
that project for HEAPR under Minnesota
Statutes, section 135A.046. The Board of
Regents 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

Sec. 3. new text begin BOND SALE EXPENSES new text end

new text begin $ new text end

new text begin 690,000 new text end

new text begin To the commissioner of management and
budget for bond sale expenses under
Minnesota Statutes, section 16A.641,
subdivision 8.
new text end

Sec. 4. new text begin BOND SALE AUTHORIZATION.
new text end

new text begin To provide the money appropriated in this act from the bond proceeds fund, the
commissioner of management and budget shall sell and issue bonds of the state in an amount
up to $686,330,000 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

Sec. 5. new text begin EFFECTIVE DATE.
new text end

new text begin This act is effective the day following final enactment.
new text end