Bill Text: MN SF1932 | 2013-2014 | 88th Legislature | Introduced
Bill Title: Southwest State University higher education asset preservation and replacement (HEAPR) bond issue and appropriation
Spectrum: Bipartisan Bill
Status: (Introduced - Dead) 2014-02-27 - Referred to Finance [SF1932 Detail]
Download: Minnesota-2013-SF1932-Introduced.html
1.2relating to capital investment; appropriating money for higher education
1.3asset preservation and replacement (HEAPR) at Southwest Minnesota State
1.4University; authorizing the sale and issuance of state bonds.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. SOUTHWEST MINNESOTA STATE UNIVERSITY; HEAPR.
1.7 Subdivision 1. Appropriation. $1,956,000 is appropriated from the bond proceeds
1.8fund to the Board of Trustees of the Minnesota State Colleges and Universities for the
1.9purposes specified in Minnesota Statutes, section 135A.046. This appropriation is to
1.10replace curtain wall, electrical system equipment, and tile at Southwest Minnesota State
1.11University.
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 $1,956,000 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.
1.3asset preservation and replacement (HEAPR) at Southwest Minnesota State
1.4University; authorizing the sale and issuance of state bonds.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. SOUTHWEST MINNESOTA STATE UNIVERSITY; HEAPR.
1.7 Subdivision 1. Appropriation. $1,956,000 is appropriated from the bond proceeds
1.8fund to the Board of Trustees of the Minnesota State Colleges and Universities for the
1.9purposes specified in Minnesota Statutes, section 135A.046. This appropriation is to
1.10replace curtain wall, electrical system equipment, and tile at Southwest Minnesota State
1.11University.
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 $1,956,000 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.
