SF 463

as introduced - 88th Legislature (2013 - 2014) Posted on 02/15/2013 08:23am

A bill for an act
relating to capital investment; appropriating money for Higher Education Asset
Preservation and Replacement at Anoka Technical College and Anoka-Ramsey
Community College; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin HEAPR; ANOKA TECHNICAL COLLEGE; ANOKA-RAMSEY
COMMUNITY COLLEGE.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $2,394,853 is appropriated from the bond proceeds
fund to the Board of Trustees of the Minnesota State Colleges and Universities for
Higher Education Asset Preservation and Replacement under Minnesota Statutes, section
135A.046. Of this appropriation, $1,342,953 is to replace air handlers in the main building
at Anoka Technical College, and $1,051,900 is to replace air handlers in the library at
Anoka-Ramsey Community College in Coon Rapids.
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 $2,394,853 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