HF 3785

as introduced - 81st Legislature (1999 - 2000) Posted on 12/15/2009 12:00am

  1.1                          A bill for an act 
  1.2             relating to higher education; capital improvements; 
  1.3             appropriating money to the Minnesota state colleges 
  1.4             and universities for projects at Minneapolis community 
  1.5             and technical college. 
  1.6   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.7      Section 1.  [APPROPRIATION.] 
  1.8      $18,300,000 is appropriated from the bond proceeds fund to 
  1.9   the board of trustees of the Minnesota state colleges and 
  1.10  universities for the purpose of constructing an information 
  1.11  technology center and library, and remodeling the existing 
  1.12  library and other office space at the Minneapolis community and 
  1.13  technical college. 
  1.14     Sec. 2.  [BOND SALE.] 
  1.15     To provide the money appropriated in section 1 from the 
  1.16  state bond proceeds fund, the commissioner of finance, upon 
  1.17  request of the governor, shall sell and issue bonds of the state 
  1.18  in an amount up to $18,300,000 in the manner, upon the terms, 
  1.19  and with the effect prescribed by Minnesota Statutes, sections 
  1.20  16A.631 to 16A.675, and by the Minnesota Constitution, article 
  1.21  XI, sections 4 to 7.