SF 1931

as introduced - 83rd Legislature (2003 - 2004) Posted on 12/15/2009 12:00am

  1.1                          A bill for an act
  1.2             relating to capital investment; appropriating money 
  1.3             for Bemidji State University-Northwest Technical 
  1.4             College; authorizing the issuance of general 
  1.5             obligation bonds. 
  1.6   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.7      Section 1.  [APPROPRIATION; BEMIDJI STATE 
  1.8   UNIVERSITY-NORTHWEST TECHNICAL COLLEGE.] 
  1.9      $10,000,000 is appropriated from the bond proceeds fund to 
  1.10  the Board of Trustees of the Minnesota State Colleges and 
  1.11  Universities to remodel, furnish, and equip Phase 2 of the 
  1.12  Emerging Technology Addition project in Bemidji, including 
  1.13  remodeling Bridgeman Hall at Bemidji State University and 
  1.14  construction of an addition at Northwest Technical College. 
  1.15     Sec. 2.  [BOND SALE.] 
  1.16     To provide the money appropriated in section 1 from the 
  1.17  bond proceeds fund, the commissioner of finance shall sell and 
  1.18  issue bonds of the state in an amount up to $10,000,000 in the 
  1.19  manner, on the terms, and with the effect prescribed by 
  1.20  Minnesota Statutes, sections 16A.631 to 16A.675, and by the 
  1.21  Minnesota Constitution, article XI, sections 4 to 7. 
  1.22     Sec. 3.  [EFFECTIVE DATE.] 
  1.23     Sections 1 and 2 are effective the day following final 
  1.24  enactment.