SF 2038

as introduced - 89th Legislature (2015 - 2016) Posted on 04/10/2015 09:14am

A bill for an act
relating to capital investment; appropriating money for Minnesota Security
Hospital, St. Peter, phase 2; 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 SECURITY HOSPITAL, ST. PETER.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $69,922,000 is appropriated from the bond proceeds
fund to the commissioner of administration to design and perform asbestos and hazardous
materials abatement; perform demolition; and to complete the design of, and construct,
furnish, and equip the second phase of a two-phase project to remodel existing and
develop new residential, program, activity, and ancillary facilities for the Minnesota
Security Hospital on the upper campus of the St. Peter Regional Treatment Center.
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 $69,922,000 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