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HF 3173

as introduced - 89th Legislature (2015 - 2016) Posted on 03/22/2016 08:11am

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

Bill Text Versions

Engrossments
Introduction Posted on 03/16/2016

Current Version - as introduced

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A bill for an act
relating to capital investment; appropriating money for a plant growth research
facility at the University of Minnesota; authorizing the sale and issuance of
state bonds.

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

Section 1. new text begin UNIVERSITY OF MINNESOTA; PLANT GROWTH RESEARCH
FACILITY.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $4,400,000 is appropriated from the bond proceeds
fund to the Board of Regents of the University of Minnesota to demolish the existing
biological sciences greenhouse and to predesign, design, construct, furnish, and equip a
greenhouse to support learning and research on the St. Paul campus of the University of
Minnesota. The appropriation in this subdivision is intended to cover approximately
two-thirds of the cost of the project. The remaining cost must be paid from university
sources.
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 $4,400,000 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