SF 2306

as introduced - 85th Legislature (2007 - 2008) Posted on 12/15/2009 12:00am

A bill for an act
relating to capital improvements; authorizing the issuance of state bonds;
appropriating money for Rochester Community and Technical College.

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

Section 1. new text begin APPROPRIATION.
new text end

new text begin $....... is appropriated from the bond proceeds fund to the Board of Trustees of the
Minnesota State Colleges and Universities to design the construction of an addition to the
Heintz Center to house the Rochester-area workforce center at the Rochester Community
and Technical College. The design shall address the integration of programs between the
college and the workforce center, and shall maximize the sharing of common spaces. The
workforce center shall enter into a lease agreement with the college for use of space in
order for the college to recover all associated operating costs for a period not less than
ten years upon completion of construction.
new text end

Sec. 2. 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 finance shall sell and issue bonds of the state in an amount up to $....... in
the manner, upon the terms, and with the effect prescribed by Minnesota Statutes, sections
16A.631 to , and by the Minnesota Constitution, article XI, sections 4 to 7.
new text end

Sec. 3. new text begin EFFECTIVE DATE.
new text end

new text begin Sections 1 and 2 are effective the day following final enactment.
new text end