SF 2460

as introduced - 91st Legislature (2019 - 2020) Posted on 03/15/2019 08:50am

A bill for an act
relating to capital investment; appropriating money for residence hall renovation
at the Minnesota State Academies; 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 STATE ACADEMIES; RESIDENCE HALL
RENOVATION.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $3,900,000 is appropriated from the bond proceeds fund
to the commissioner of administration to predesign, design, renovate, furnish, and equip
Kramer, Brandeen, and Rode dormitories on the Minnesota State Academy for the Blind
campus, including but not limited to design and abatement of asbestos and hazardous
materials; correcting fire, life safety, and other building code deficiencies; and to replace
or renovate the dormitories' HVAC, plumbing, electrical, security, and life safety systems.
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 $3,900,000 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