SF 1640

as introduced - 87th Legislature (2011 - 2012) Posted on 02/03/2012 11:12am

A bill for an act
relating to capital investment; appropriating money for the Minnesota State
Academies; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin MINNESOTA STATE ACADEMIES.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $4,350,000 is appropriated from the bond proceeds
fund to the commissioner of administration for the following capital projects at the
Minnesota State Academies in Faribault:
new text end

new text begin (1) $3,000,000 is for asset preservation on both campuses of the academies, to be
spent in accordance with Minnesota Statutes, section 16B.307;
new text end

new text begin (2) $450,000 is to demolish Frechette Hall and the "Old Laundry" building on the
Minnesota State Academy for the Deaf campus;
new text end

new text begin (3) $400,000 is to create a parking lot by the Lauritsen Gym on the Minnesota
State Academy for the Deaf campus; and
new text end

new text begin (4) $500,000 is to build an independent living structure on the Minnesota State
Academy for the Deaf campus to provide housing for MSAD students who are 18 to 21
years of age in the nontraditional student component of the Academy Plus Transition
Program. This project will be completed in collaboration with the carpentry class of
South Central College of Faribault.
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 $4,350,000 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