Bill Text: MN SF97 | 2011-2012 | 87th Legislature | Introduced


Bill Title: St. Cloud state university integrated science and engineering laboratory facility construction bond issue and appropriation

Spectrum: Partisan Bill (Republican 2-0)

Status: (Introduced - Dead) 2011-01-24 - Referred to Capital Investment [SF97 Detail]

Download: Minnesota-2011-SF97-Introduced.html

1.1A bill for an act
1.2relating to capital investment; appropriating money for an Integrated Science
1.3and Engineering Laboratory Facility at St. Cloud State University; authorizing
1.4the sale and issuance of state bonds.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6    Section 1. ST. CLOUD STATE UNIVERSITY; INTEGRATED SCIENCE AND
1.7ENGINEERING LAB.
1.8    Subdivision 1. Appropriation. $42,334,000 is appropriated from the bond proceeds
1.9fund to the Board of Trustees of the Minnesota State Colleges and Universities to complete
1.10the design of and to construct, furnish, and equip an Integrated Science and Engineering
1.11Laboratory Facility on the campus of St. Cloud State University.
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 $42,334,000 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.
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