Bill Text: MN HF2873 | 2011-2012 | 87th Legislature | Introduced
Bill Title: University of Minnesota; project funding provided, bonds issued, and money appropriated.
Spectrum: Partisan Bill (Democrat 5-0)
Status: (Introduced - Dead) 2012-03-15 - Author added Champion [HF2873 Detail]
Download: Minnesota-2011-HF2873-Introduced.html
1.2relating to capital investment; appropriating money for projects at the University
1.3of Minnesota; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.7To the Board of Regents of the University of
1.8Minnesota from the bond proceeds fund for
1.9the purposes specified in this section.
1.12To be spent in accordance with Minnesota
1.13Statutes, section 135A.046.
1.15To renovate, equip, and furnish Old Main at
1.16the Minneapolis campus to be a multi-utility
1.17plant and make necessary improvements to
1.18related infrastructure and landscaping.
1.20To design, construct, furnish, and equip a
1.21new biological laboratory/classroom facility
1.22and renovate the classroom in the lakeside
2.1laboratory at the University of Minnesota
2.2facility in Itasca State Park.
2.4To design, construct, furnish, and equip
2.5Eddy Hall for the admissions program and
2.6to renovate the Donhowe Building and the
2.7West Bank Office Building for the purpose
2.8of implementing alternative workplace
2.9strategies.
2.12To design, construct, furnish, and equip an
2.13American Indian Learning Resource Center
2.14at the University of Minnesota-Duluth.
2.16Upon substantial completion of a project
2.17authorized in this section and after written
2.18notice to the commissioner of management
2.19and budget, the Board of Regents must use
2.20any money remaining in the appropriation
2.21for that project for HEAPR under Minnesota
2.22Statutes, section 135A.046. The Board
2.23of Regents must report by February 1 of
2.24each even-numbered year to the legislative
2.25committees with jurisdiction over capital
2.26investment and higher education finance, and
2.27to the chairs of the house of representatives
2.28Ways and Means Committee and the senate
2.29Finance Committee, on how the remaining
2.30money has been allocated or spent.
2.32Except for Higher Education Asset
2.33Preservation and Replacement (HEAPR)
2.34under subdivision 1, the appropriations in this
3.1section are intended to cover approximately
3.2two-thirds of the cost of each project. The
3.3remaining costs must be paid from university
3.4sources.
3.5 Sec. 2. BOND AUTHORIZATION.
3.6To provide the money appropriated in section 1 from the bond proceeds fund, the
3.7commissioner of management and budget shall sell and issue bonds of the state in an
3.8amount up to $169,500,000 in the manner, upon the terms, and with the effect prescribed
3.9by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota Constitution,
3.10article XI, sections 4 to 7.
3.11 Sec. 3. EFFECTIVE DATE.
3.12This act is effective the day following final enactment.
1.3of Minnesota; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
| 1.5 |
Section 1. UNIVERSITY OF MINNESOTA |
||||||
| 1.6 |
Subdivision 1.Total Appropriation |
$ |
169,500,000 |
||||
1.8Minnesota from the bond proceeds fund for
1.9the purposes specified in this section.
| 1.10 1.11 |
Subd. 2.Higher Education Asset Preservation and Replacement (HEAPR) |
90,000,000 |
|||||
1.13Statutes, section 135A.046.
| 1.14 |
Subd. 3.Combined Heat and Power Plant |
54,000,000 |
|||||
1.16the Minneapolis campus to be a multi-utility
1.17plant and make necessary improvements to
1.18related infrastructure and landscaping.
| 1.19 |
Subd. 4.Itasca Facility Improvements |
4,060,000 |
|||||
1.21new biological laboratory/classroom facility
1.22and renovate the classroom in the lakeside
2.1laboratory at the University of Minnesota
2.2facility in Itasca State Park.
| 2.3 |
Subd. 5.Eddy Hall and Space Optimization |
14,000,000 |
|||||
2.5Eddy Hall for the admissions program and
2.6to renovate the Donhowe Building and the
2.7West Bank Office Building for the purpose
2.8of implementing alternative workplace
2.9strategies.
| 2.10 2.11 |
Subd. 6.American Indian Learning Resource Center |
7,400,000 |
|||||
2.13American Indian Learning Resource Center
2.14at the University of Minnesota-Duluth.
| 2.15 |
Subd. 7.Unspent Appropriations |
||||||
2.17authorized in this section and after written
2.18notice to the commissioner of management
2.19and budget, the Board of Regents must use
2.20any money remaining in the appropriation
2.21for that project for HEAPR under Minnesota
2.22Statutes, section 135A.046. The Board
2.23of Regents must report by February 1 of
2.24each even-numbered year to the legislative
2.25committees with jurisdiction over capital
2.26investment and higher education finance, and
2.27to the chairs of the house of representatives
2.28Ways and Means Committee and the senate
2.29Finance Committee, on how the remaining
2.30money has been allocated or spent.
| 2.31 |
Subd. 8.University share |
||||||
2.33Preservation and Replacement (HEAPR)
2.34under subdivision 1, the appropriations in this
3.1section are intended to cover approximately
3.2two-thirds of the cost of each project. The
3.3remaining costs must be paid from university
3.4sources.
3.5 Sec. 2. BOND AUTHORIZATION.
3.6To provide the money appropriated in section 1 from the bond proceeds fund, the
3.7commissioner of management and budget shall sell and issue bonds of the state in an
3.8amount up to $169,500,000 in the manner, upon the terms, and with the effect prescribed
3.9by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota Constitution,
3.10article XI, sections 4 to 7.
3.11 Sec. 3. EFFECTIVE DATE.
3.12This act is effective the day following final enactment.
