Bill Text: MN SF2044 | 2011-2012 | 87th Legislature | Introduced
Bill Title: Faribault South Central college capital improvements bond issue and appropriation
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2012-02-23 - Referred to Capital Investment [SF2044 Detail]
Download: Minnesota-2011-SF2044-Introduced.html
1.2relating to capital investment; appropriating money for classroom renovation and
1.3addition at South Central College in Faribault; 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. MNSCU; SOUTH CENTRAL COLLEGE, FARIBAULT.
1.7 Subdivision 1. Appropriation. $13,360,000 is appropriated from the bond proceeds
1.8fund to the Board of Trustees of the Minnesota State Colleges and Universities to
1.9complete design and to construct, furnish, and equip an addition, and to renovate space for
1.10classrooms, a learning resource center, related spaces, and laboratories on the campus of
1.11South Central College in Faribault.
1.12 Subd. 2. Bond sale. To provide the money appropriated in this section from the
1.13bond proceeds fund, the commissioner of management and budget shall sell and issue
1.14bonds of the state in an amount up to $13,360,000 in the manner, upon the terms, and with
1.15the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.16Minnesota Constitution, article XI, sections 4 to 7.
1.17EFFECTIVE DATE.This section is effective the day following final enactment.
1.3addition at South Central College in Faribault; 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. MNSCU; SOUTH CENTRAL COLLEGE, FARIBAULT.
1.7 Subdivision 1. Appropriation. $13,360,000 is appropriated from the bond proceeds
1.8fund to the Board of Trustees of the Minnesota State Colleges and Universities to
1.9complete design and to construct, furnish, and equip an addition, and to renovate space for
1.10classrooms, a learning resource center, related spaces, and laboratories on the campus of
1.11South Central College in Faribault.
1.12 Subd. 2. Bond sale. To provide the money appropriated in this section from the
1.13bond proceeds fund, the commissioner of management and budget shall sell and issue
1.14bonds of the state in an amount up to $13,360,000 in the manner, upon the terms, and with
1.15the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.16Minnesota Constitution, article XI, sections 4 to 7.
1.17EFFECTIVE DATE.This section is effective the day following final enactment.
