SF 3092

as introduced - 92nd Legislature (2021 - 2022) Posted on 02/15/2022 08:11am

A bill for an act
relating to capital investment; appropriating money for University of Minnesota
capital projects; requiring a report; authorizing the sale and issuance of state bonds.

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

Section 1. CAPITAL IMPROVEMENT APPROPRIATIONS.

The sums shown in the column under "Appropriations" are appropriated from the bond
proceeds fund, or another named fund, to the state agencies or officials indicated, to be
spent for public purposes. Appropriations of bond proceeds must be spent as authorized by
the Minnesota Constitution, article XI, section 5, paragraph (a), to acquire and better public
land and buildings and other public improvements of a capital nature, or as authorized by
the Minnesota Constitution, article XI, section 5, paragraphs (b) to (j), or article XIV. Unless
otherwise specified, money appropriated in this act:

(1) may be used to pay state agency staff costs that are attributed directly to the capital
program or project in accordance with accounting policies adopted by the commissioner of
management and budget;

(2) is available until the project is completed or abandoned subject to Minnesota Statutes,
section 16A.642;

(3) for activities under Minnesota Statutes, sections 16B.307, 84.946, and 135A.046,
should not be used for projects that can be financed within a reasonable time frame under
Minnesota Statutes, section 16B.322 or 16C.144; and

(4) is available for a grant to a political subdivision after the commissioner of management
and budget determines that an amount sufficient to complete the project as described in this
act has been committed to the project, as required by Minnesota Statutes, section 16A.502.

APPROPRIATIONS

Sec. 2. UNIVERSITY OF MINNESOTA

Subdivision 1. Total Appropriation

$

685,640,000

To the Board of Regents of the University of
Minnesota for the purposes specified in this
section.

Subd. 2. Higher Education Asset Preservation and Replacement (HEAPR)

400,000,000

To be spent in accordance with Minnesota
Statutes, section 135A.046.

Subd. 3. Twin Cities - Fraser Hall Chemistry Undergraduate Teaching Laboratory

72,000,000

To predesign, design, construct, furnish, and
equip the renovation of and an addition to
Fraser Hall for an undergraduate chemistry
teaching laboratory facility on the Twin Cities
campus. This project includes demolition of
obsolete portions of Fraser Hall.

Subd. 4. Duluth - Science Education Building

1,640,000

To predesign and design a renovation of the
former chemistry building on the Duluth
campus to provide collaborative spaces for
learning, active learning classrooms,
laboratories, and research space.

Subd. 5. Future of Advanced Agriculture Research in Minnesota

60,000,000

To acquire land, predesign, design, construct,
furnish, and equip new facilities in Mower
County to house the Future of Advanced
Agriculture Research in Minnesota (FAARM)
program that will support an integrated science
approach to addressing interaction of soil,
water, plant, animal, environmental, and
human health in a managed research and
education system. The facilities will include
classroom and laboratory space, animal
shelter, equipment storage space, and space
for associated supportive functions.

Subd. 6. Duluth - Academic Health Center

12,000,000

For predesign, design, and preconstruction
services for a new Academic Health Center
facility for the Duluth College of Pharmacy
and Medical School to be colocated in the
emerging medical district in downtown
Duluth.

Subd. 7. Twin Cities - Health Discovery Hub

140,000,000

$140,000,000 is appropriated from the bond
proceeds fund to the Board of Regents of the
University of Minnesota to construct, furnish,
and equip a new facility on the Twin Cities
campus to advance clinical and
outcomes-focused research projects and
provide access to advanced treatments and
state-of-the-art care for patients and their
families in Minnesota.

Subd. 8. University Share

Except for the appropriations for HEAPR and
the FAARM project, the appropriations in this
section are intended to cover approximately
two-thirds of the cost of each project. The
remaining costs must be paid from university
sources.

Subd. 9. Unspent Appropriations

Upon substantial completion of a project
authorized in this section and after written
notice to the commissioner of management
and budget, the Board of Regents must use
any money remaining in the appropriation for
that project for HEAPR under Minnesota
Statutes, section 135A.046. The Board of
Regents must report by February 1 of each
even-numbered year to the chairs of the house
of representatives and senate committees with
jurisdiction over capital investment and higher
education finance, and to the chairs of the
house of representatives Ways and Means
Committee and the senate Finance Committee,
on how the remaining money has been
allocated or spent.

Sec. 3. BOND SALE EXPENSES

$

690,000

To the commissioner of management and
budget for bond sale expenses under
Minnesota Statutes, section 16A.641,
subdivision 8.

Sec. 4. BOND SALE AUTHORIZATION.

To provide the money appropriated in this act from the bond proceeds fund, the
commissioner of management and budget shall sell and issue bonds of the state in an amount
up to $686,330,000 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.

Sec. 5. EFFECTIVE DATE.

This act is effective the day following final enactment.