SF 2622

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

A bill for an act
relating to capital investment; authorizing spending to acquire and better public
land and buildings and other improvements of a capital nature; authorizing the
issuance of state bonds; appropriating money for phase 3 of the Minnesota
Correctional Facility, Faribault expansion.

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

Section 1. new text begin MINNESOTA CORRECTIONAL FACILITY, FARIBAULT
EXPANSION, PHASE 3.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $16,431,000 is appropriated from the bond proceeds
fund to the commissioner of administration to design, construct, furnish, and equip phase
3 of the expansion of the Minnesota correctional facility at Faribault. This project is a
continuation of the expansion of the Faribault facility to deal with the increasing male
offender population. It includes an intake/receiving/warehouse/watch security center
building and demolition of two housing units.
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 subdivision 1 from
the bond proceeds fund, the commissioner of finance shall sell and issue bonds of the
state in an amount up to $16,431,000 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