Bill Text: MN SF1782 | 2013-2014 | 88th Legislature | Introduced
Bill Title: Willmar and Hutchinson campuses of Ridgewater college higher education asset preservation replacement (HEAPR) bond issue and appropriation
Sponsorship: Partisan Bill (Democrat 2)
Status: (Introduced - Dead) 2014-03-03 - Author added Reinert [SF1782 Detail]
Download: Minnesota-2013-SF1782-Introduced.html
1.2relating to capital investment; appropriating money for Higher Education Asset
1.3Preservation and Replacement projects on the Willmar and Hutchinson campuses
1.4of Ridgewater 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. RIDGEWATER COLLEGE; HEAPR.
1.7 Subdivision 1. Appropriation. $2,754,000 is appropriated from the bond proceeds
1.8fund to the Board of Trustees of the Minnesota State Colleges and Universities for Higher
1.9Education Asset Preservation and Replacement projects at Ridgewater College, to be
1.10spent in accordance with Minnesota Statutes, section 135A.046. Of this amount:
1.11(1) $1,600,000 is to upgrade the heating system at the Willmar campus;
1.12(2) $754,000 is to replace a roof at the Hutchinson campus; and
1.13(3) $400,000 is to repair a building envelope at the Willmar campus.
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 $2,754,000 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.
1.3Preservation and Replacement projects on the Willmar and Hutchinson campuses
1.4of Ridgewater 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. RIDGEWATER COLLEGE; HEAPR.
1.7 Subdivision 1. Appropriation. $2,754,000 is appropriated from the bond proceeds
1.8fund to the Board of Trustees of the Minnesota State Colleges and Universities for Higher
1.9Education Asset Preservation and Replacement projects at Ridgewater College, to be
1.10spent in accordance with Minnesota Statutes, section 135A.046. Of this amount:
1.11(1) $1,600,000 is to upgrade the heating system at the Willmar campus;
1.12(2) $754,000 is to replace a roof at the Hutchinson campus; and
1.13(3) $400,000 is to repair a building envelope at the Willmar campus.
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 $2,754,000 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.
