HF 2622

as introduced - 87th Legislature (2011 - 2012) Posted on 03/05/2012 04:22pm

A bill for an act
relating to capital investment; appropriating money for Bemidji State University;
authorizing the sale and issuance of state bonds.

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

Section 1. new text begin BEMIDJI STATE UNIVERSITY.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $3,300,000 is appropriated from the bond proceeds
fund to the Board of Trustees of the Minnesota State Colleges and Universities for Bemidji
State University to abate and demolish Maple Hall and Sanford Hall, and to complete
design for the renovation of Decker Hall, Hobson Hall, and Memorial Hall into multiuse
classrooms and study spaces, including replacing the HVAC system and constructing an
addition to Memorial Hall for better accessibility.
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 $3,300,000 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