SF 2696

as introduced - 80th Legislature (1997 - 1998) Posted on 12/15/2009 12:00am

  1.1                          A bill for an act 
  1.2             relating to appropriations; authorizing state bonds; 
  1.3             appropriating money to complete the second phase of 
  1.4             the Cambridge Community College master facilities plan.
  1.5   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.6      Section 1.  [CAMBRIDGE COMMUNITY COLLEGE MASTER FACILITIES 
  1.7   PLAN.] 
  1.8      Subdivision 1.  [APPROPRIATION.] $16,000,000 is 
  1.9   appropriated from the bond proceeds fund to the board of 
  1.10  trustees of the Minnesota state colleges and universities to 
  1.11  design, construct, furnish, and equip facilities; and otherwise 
  1.12  make capital improvements to complete the second phase of the 
  1.13  Cambridge Community College master facilities plan. 
  1.14     Subd. 2.  [BOND SALE.] To provide the money appropriated by 
  1.15  this section from the bond proceeds fund, the commissioner of 
  1.16  finance, on request of the governor, shall sell and issue bonds 
  1.17  of the state in an amount up to $16,000,000 in the manner, on 
  1.18  the terms, and with the effect prescribed by Minnesota Statutes, 
  1.19  sections 16A.631 to 16A.675, and by the Minnesota Constitution, 
  1.20  article XI, sections 4 to 7. 
  1.21     Sec. 2.  [EFFECTIVE DATE.] 
  1.22     Section 1 is effective the day after its final enactment.