HF 2330

as introduced - 88th Legislature (2013 - 2014) Posted on 02/25/2014 02:09pm

A bill for an act
relating to capital investment; appropriating money for campus rightsizing and
renovation at Central Lakes College, Staples; 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, STAPLES; CAMPUS RIGHTSIZING
AND RENOVATION.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $4,581,000 is appropriated from the bond proceeds
fund to the Board of Trustees of the Minnesota State College and Universities for campus
rightsizing and renovation, including relocating the library and computer commons to
the student services area to create a consolidated learning commons at Central Lakes
College, Staples.
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 $4,581,000 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