Bill Text: MN SF1645 | 2011-2012 | 87th Legislature | Introduced


Bill Title: Ridgewater college capital improvements bond issue and appropriation

Spectrum: Slight Partisan Bill (Republican 2-1)

Status: (Introduced - Dead) 2012-02-15 - Author added Reinert [SF1645 Detail]

Download: Minnesota-2011-SF1645-Introduced.html

1.1A bill for an act
1.2relating to capital investment; appropriating money for Ridgewater College in
1.3Willmar; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5    Section 1. RIDGEWATER COLLEGE, WILLMAR.
1.6    Subdivision 1. Appropriation. $13,851,000 is appropriated from the bond proceeds
1.7fund to the board of trustees of the Minnesota State Colleges and Universities to design,
1.8renovate, demolish, construct, equip, and furnish facility spaces at the Ridgewater College
1.9Willmar campus supporting agriculture, veterinary technology programs, and student
1.10services.
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 $13,851,000 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.
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