Minnesota Legislature
HF 2824
as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am
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A bill for an act
relating to capital investment; appropriating money for capital projects at the
University of Minnesota; authorizing the issuance of general obligation bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1. new text begin APPROPRIATION; UNIVERSITY OF MINNESOTA.
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The sums in the column under "APPROPRIATIONS" are appropriated from the
bond proceeds fund for a public purpose and 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. The appropriations in
this act are available until the project is completed or abandoned subject to Minnesota
Statutes, section 16A.642.
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APPROPRIATIONS new text end |
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Sec. 2.new text begin UNIVERSITY OF MINNESOTA
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new text begin Subdivision 1. new text endnew text begin To the Board of Regents ofthe University of Minnesota for the purposes specified in this section. new text end |
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$ new text end |
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206,067,000 new text end |
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new text begin Subd. 2. new text end
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Higher Education Asset
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80,000,000 new text end |
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For the purposes under Minnesota Statutes,
section 135A.046, for use systemwide.
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new text begin Subd. 3. new text end
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University of Minnesota Twin Cities
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(a) Carlson School of Management expansion new text end |
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26,600,000 new text end |
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To design and construct a new facility to
include classrooms, teaching laboratories,
student services, administrative support
services, and office space for the Department
of Economics.
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(b) Science Teaching and Student Service Center new text end |
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41,334,000 new text end |
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To design and construct a new classroom
and student services center to include
science demonstration classrooms and
university-wide student services. Demolition
of the Science Classroom Building is
included.
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(c) Medical Biosciences Building and utility upgrade new text end |
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40,000,000 new text end |
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To design and construct a new Medical
Biosciences Building to include research
laboratories, lab support facilities, faculty
offices, and support services. Necessary
utility upgrades are included.
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new text begin Subd. 4. new text end
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Labovitz School of Business, Duluth
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15,333,000 new text end |
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To construct, furnish, and equip a new
building for the Labovitz School of Business
and Economics to include classrooms,
offices, teaching laboratories, student
services, administrative support services, and
utility upgrades.
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new text begin Subd. 5. new text end
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University Research Centers
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(a) Cedar Creek Natural History Area, East Bethel new text end |
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500,000 new text end |
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To construct new housing for students
and faculty, including visiting faculty and
researchers.
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(b) Cloquet Forestry Center classroom addition new text end |
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500,000 new text end |
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To design and construct an addition to
the Administration Building for offices,
expanded classrooms and educational support
services. Included is HVAC upgrades.
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(c) West Regional Outreach Center, Morris new text end |
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1,800,000 new text end |
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To design and construct an addition to
the Administration Building for increased
educational and office space.
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Sec. 2. new text begin BOND SALE.
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To provide the money appropriated in section 1 from the bond proceeds fund,
the commissioner of finance shall sell and issue bonds of the state in an amount up to
$206,067,000 in the manner, on 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.
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Sec. 3. new text begin EFFECTIVE DATE.
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Sections 1 and 2 are effective the day following final enactment.
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