Bill Text: MN SF1611 | 2011-2012 | 87th Legislature | Introduced
Bill Title: Albert Lea Riverland community college demolition and renovation bond issue and appropriation
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2012-01-30 - Referred to Capital Investment [SF1611 Detail]
Download: Minnesota-2011-SF1611-Introduced.html
1.2relating to capital investment; appropriating money for demolition and renovation
1.3at Riverland Community College, Albert Lea; authorizing the sale and issuance
1.4of state bonds.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. RIVERLAND COMMUNITY COLLEGE.
1.7 Subdivision 1. Appropriation. $3,083,000 is appropriated from the bond proceeds
1.8fund to the Board of Trustees of the Minnesota State Colleges and Universities to renovate,
1.9furnish, and equip the Main Building and demolish the Gateway Building at Riverland
1.10Community College, Albert Lea.
1.11 Subd. 2. Bond sale. To provide the money appropriated in this section from the
1.12bond proceeds fund, the commissioner of management and budget shall sell and issue
1.13bonds of the state in an amount up to $3,083,000 in the manner, upon the terms, and with
1.14the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.15Minnesota Constitution, article XI, sections 4 to 7.
1.16EFFECTIVE DATE.This section is effective the day following final enactment.
1.3at Riverland Community College, Albert Lea; authorizing the sale and issuance
1.4of state bonds.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. RIVERLAND COMMUNITY COLLEGE.
1.7 Subdivision 1. Appropriation. $3,083,000 is appropriated from the bond proceeds
1.8fund to the Board of Trustees of the Minnesota State Colleges and Universities to renovate,
1.9furnish, and equip the Main Building and demolish the Gateway Building at Riverland
1.10Community College, Albert Lea.
1.11 Subd. 2. Bond sale. To provide the money appropriated in this section from the
1.12bond proceeds fund, the commissioner of management and budget shall sell and issue
1.13bonds of the state in an amount up to $3,083,000 in the manner, upon the terms, and with
1.14the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.15Minnesota Constitution, article XI, sections 4 to 7.
1.16EFFECTIVE DATE.This section is effective the day following final enactment.
