SF 2139

as introduced - 80th Legislature (1997 - 1998) Posted on 12/15/2009 12:00am

  1.1                          A bill for an act 
  1.2             relating to capital improvements; appropriating money 
  1.3             for an addition to, and remodeling of, the Hutchinson 
  1.4             technical college; authorizing the sale of state bonds.
  1.5   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.6      Section 1.  [AN ADDITION TO, AND REMODELING OF, THE 
  1.7   HUTCHINSON TECHNICAL COLLEGE.] 
  1.8      $7,600,000 is appropriated from the bond proceeds fund to 
  1.9   the board of trustees of the Minnesota state colleges and 
  1.10  universities for an addition to, and remodeling of, the existing 
  1.11  technical college facility at Hutchinson. 
  1.12     Sec. 2.  [BOND SALE.] 
  1.13     To provide the money appropriated in section 1 from the 
  1.14  state bond proceeds fund, the commissioner of finance, on 
  1.15  request of the governor, shall sell and issue bonds of the state 
  1.16  in an amount up to $7,600,000 in the manner, upon the terms, and 
  1.17  with the effect prescribed by Minnesota Statutes, sections 
  1.18  16A.631 to 16A.675, and by the Minnesota Constitution, article 
  1.19  XI, sections 4 to 7. 
  1.20     Sec. 3.  [EFFECTIVE DATE.] 
  1.21     Sections 1 and 2 are effective the day following final 
  1.22  enactment.