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SF 177

as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am

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

Current Version - as introduced

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A bill for an act
relating to capital improvements; authorizing spending
to acquire and better public land and buildings and
other public improvements of a capital nature with
certain conditions; authorizing sale of state bonds;
appropriating money.

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

Section 1. new text begin CAPITAL IMPROVEMENT APPROPRIATIONS.
new text end

The sums in the column under "APPROPRIATIONS" are
appropriated from the bond proceeds fund, or another named fund,
to the state agencies or officials indicated, to be spent for
public purposes. Appropriations of bond proceeds 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, or
as authorized by the Minnesota Constitution, article XI, section
5, paragraphs (b) to (j), or article XIV. Unless otherwise
specified, the appropriations in this act are available until
the project is completed or abandoned subject to Minnesota
Statutes, section 16A.642.

Sec. 2. UNIVERSITY OF MINNESOTA

Subdivision 1.

To the Board of Regents
of the University of Minnesota for the
purposes specified in this section 158,101,000

Subd. 2.

Higher Education Asset
Preservation and Replacement (HEAPR) 90,000,000

To be spent in accordance with
Minnesota Statutes, section 135A.046.

Subd. 3.

Duluth Campus

(a) Life Science Building 10,138,000

To design, renovate, furnish, and equip
the Life Science Building for the
pharmacy program and other academic
programs on the Duluth campus. The
renovation may include, but is not
limited to, improvements to correct air
quality problems, life safety and
accessibility code deficiencies,
asbestos, and fireproofing of the
facility.

(b) Recreational Sports Addition 8,671,000

To construct, furnish, and equip the
recreational sports facility, an
addition to the existing sports and
health center. The facility will
include fitness and conditioning space,
multipurpose recreational space, and
office space.

Subd. 4.

Morris Campus -
District Heating and Football Stadium 5,803,000

To design, construct, and equip an
addition to the heating plant to
provide the capability to burn biomass
fuel to produce steam, and to construct
a football stadium to be shared with
the Morris School District.

Subd. 5.

Twin Cities Campus -
Minneapolis

(a) Kolthoff Hall 17,409,000

To design, renovate, furnish, and equip
Kolthoff Hall and to correct air
quality problems in the facility that
may include, but are not limited to,
repair or replacement of the
mechanical, electrical, and HVAC
systems.

(b) Education Sciences 14,474,000

To design, renovate, furnish, and equip
the Education Sciences Building.

(c) Academic Health Center 11,606,000

To design, renovate, furnish, and equip
classrooms and laboratories.

Subd. 6.

University Funding

The Board of Regents must provide
nonstate funding for costs of projects
authorized in subdivisions 3 to 5 that
are not covered by appropriations in
this section. The appropriations in
this section are intended to cover
approximately two-thirds of the cost of
the authorized projects.

Subd. 7.

Contingencies

The commissioner of finance must
combine into one account, under the
control of the Board of Regents, the
portion of each appropriation in this
section that is attributable to the
amount budgeted for contingencies for
projects in this section. The board
must manage the account to pay for
exceptional but necessary costs of
projects authorized in this section.
Upon substantial completion or
abandonment of all projects authorized
in this section, the board must use any
funds remaining in the contingency
account for HEAPR under Minnesota
Statutes, section 135A.046. The Board
of Regents must report by February 1 of
each even-numbered year to the chairs
of the house and senate committees with
jurisdiction over capital investments
and higher education finance, and to
the chairs of the house Ways and Means
Committee and the senate Finance
Committee on how the money in the
contingency account has been allocated
or spent.

Sec. 3. new text begin BOND SALE AUTHORIZATION.
new text end

new text begin To provide the money appropriated in this act from the bond
proceeds fund, the commissioner of finance shall sell and issue
bonds of the state in an amount up to $158,101,000 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

Sec. 4. new text begin EFFECTIVE DATE.
new text end

new text begin Sections 1 to 3 are effective the day following final
enactment.
new text end