SF 2299

as introduced - 89th Legislature (2015 - 2016) Posted on 03/09/2016 08:43am

A bill for an act
relating to capital investment; appropriating money to replace Hagg Sauer Hall at
Bemidji State University; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin HAGG SAUER HALL AND OTHER CAMPUS RENOVATIONS;
BEMIDJI STATE UNIVERSITY.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $18,097,000 is appropriated from the bond proceeds
fund to the Board of Trustees for the Minnesota State Colleges and Universities to
demolish Hagg Sauer Hall; to design and construct a new Academic Learning Center on
the site of Hagg Sauer Hall; and to renovate, furnish, and equip space in Bangsberer Hall,
Sattgast Hall, A. C. Clark Library, Bridgeman Hall, and Bensen Hall. This appropriation
is not available until at least an equal amount is committed from nonstate sources.
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 act from the bond
proceeds fund, the commissioner of management and budget shall sell and issue bonds of
the state in an amount up to $18,097,000 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