as introduced - 89th Legislature (2015 - 2016) Posted on 02/10/2015 09:10am
A bill for an act
relating to capital investment; appropriating money for Winona State University's
education village phase 2; authorizing the sale and issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$22,630,000 is appropriated from the bond proceeds
fund to the Board of Trustees of the Minnesota State Colleges and Universities for phase 2
of the education village project. This includes money to design, renovate, furnish, and
equip Wabasha Hall, Wabasha Recreation Center, and Cathedral School to create an
education village of classrooms, laboratories, offices, and meeting and support spaces
enabling the college of education to integrate with southeastern Minnesota communities
and school districts to jointly provide an extraordinary experience for the preparation of
teachers and school professionals.
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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 $22,630,000 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.
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This section is effective the day following final enactment.
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