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HF 97

as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am

KEY: stricken = removed, old language.
underscored = added, new language.

Bill Text Versions

Engrossments
Introduction Posted on 01/10/2005

Current Version - as introduced

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A bill for an act
relating to capital improvements; authorizing issuance
of state bonds; appropriating money for certain
projects at the University of Minnesota-Duluth.

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

Section 1. new text begin UNIVERSITY OF MINNESOTA-DULUTH; BONDING
PROJECTS.
new text end

new text begin $18,767,000 is appropriated from the bond proceeds fund to
the Board of Regents of the University of Minnesota for the
following projects at the University of Minnesota-Duluth and in
the amounts specified by this section.
new text end

new text begin (1) $1,467,000 to design a new building for the Lebowitz
School of Business and Economics. The building will include
classrooms, offices, teaching laboratories, student services,
and administrative support space. The design cost is
$2,200,000, with the university contributing $733,000.
new text end

new text begin (2) $8,000,000 to construct, furnish, and equip the
recreational sports facility, an addition to the existing sports
and health center. The project cost is $12,000,000, $4,000,000
of which will be paid by student fees. The facility will
include fitness and conditioning space, multipurpose
recreational space, and office space.
new text end

new text begin (3) $9,300,000 to renew the life sciences building. This
is a $14,000,000 project, with the university contributing
$4,700,000.
new text end

Sec. 2. new text begin BOND AUTHORIZATION.
new text end

new text begin To provide the money appropriated in this act from the bond
proceeds fund, the commissioner of finance shall sell and issue
bonds of the state in an amount up to $18,767,000 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. 3. new text begin EFFECTIVE DATE.
new text end

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