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SF 2640

as introduced - 90th Legislature (2017 - 2018) Posted on 08/24/2018 07:54am

KEY: stricken = removed, old language.
underscored = added, new language.

Current Version - as introduced

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1.17

A bill for an act
relating to capital investment; appropriating money for Inver Hills Community
College technology and business center project; authorizing the sale and issuance
of state bonds.

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

Section 1. new text begin INVER HILLS COMMUNITY COLLEGE; TECHNOLOGY AND
BUSINESS CENTER.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $698,000 is appropriated from the bond proceeds fund
to the Board of Trustees of the Minnesota State Colleges and Universities to design the
renovation of the Technology and Business Center to include the link to Heritage Hall at
Inver Hills Community College.
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 $698,000 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