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HF 2705

as introduced - 85th Legislature (2007 - 2008) Posted on 12/15/2009 12:00am

KEY: stricken = removed, old language.
underscored = added, new language.
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A bill for an act
 relating to capital improvements; appropriating money for science lab renovation
at Bemidji State University; authorizing the sale and issuance of state bonds.

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

Section 1. APPROPRIATION; BEMIDJI STATE UNIVERSITY SCIENCE LAB
RENOVATION.

Subdivision 1.

Appropriation.

$525,000 is appropriated from the bond proceeds
fund to the Board of Trustees of the Minnesota State Colleges and Universities to
renovate, furnish, and equip the clinical research center for the registered nurse program at
Bemidji State University.

Subd. 2.

Bond sale.

To provide the money appropriated by subdivision 1 from the
bond proceeds fund, the commissioner of finance shall sell and issue bonds of the state in
an amount up to $525,000 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.