Bill Text: MN SF463 | 2013-2014 | 88th Legislature | Introduced


Bill Title: Anoka technical college and Anoka-Ramsey community college higher education asset preservation and replacement (HEAPR) bond issue and appropriation

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Introduced - Dead) 2013-02-14 - Referred to Finance [SF463 Detail]

Download: Minnesota-2013-SF463-Introduced.html

1.1A bill for an act
1.2relating to capital investment; appropriating money for Higher Education Asset
1.3Preservation and Replacement at Anoka Technical College and Anoka-Ramsey
1.4Community College; authorizing the sale and issuance of state bonds.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6    Section 1. HEAPR; ANOKA TECHNICAL COLLEGE; ANOKA-RAMSEY
1.7COMMUNITY COLLEGE.
1.8    Subdivision 1. Appropriation. $2,394,853 is appropriated from the bond proceeds
1.9fund to the Board of Trustees of the Minnesota State Colleges and Universities for
1.10Higher Education Asset Preservation and Replacement under Minnesota Statutes, section
1.11135A.046. Of this appropriation, $1,342,953 is to replace air handlers in the main building
1.12at Anoka Technical College, and $1,051,900 is to replace air handlers in the library at
1.13Anoka-Ramsey Community College in Coon Rapids.
1.14    Subd. 2. Bond sale. To provide the money appropriated in this section from the
1.15bond proceeds fund, the commissioner of management and budget shall sell and issue
1.16bonds of the state in an amount up to $2,394,853 in the manner, upon the terms, and with
1.17the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.18Minnesota Constitution, article XI, sections 4 to 7.
1.19EFFECTIVE DATE.This section is effective the day following final enactment.
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