Bill Text: MN SF1972 | 2013-2014 | 88th Legislature | Introduced


Bill Title: University of Minnesota (U of M) Tate science and teaching building renovation bond issue and appropriation

Sponsorship: Partisan Bill (Democrat 4)

Status: (Introduced - Dead) 2014-02-27 - Referred to Finance [SF1972 Detail]

Download: Minnesota-2013-SF1972-Introduced.html

1.1A bill for an act
1.2relating to capital investment; appropriating money for the Tate Science and
1.3Teaching renovation at the University of Minnesota; authorizing the sale and
1.4issuance of state bonds.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6    Section 1. UNIVERSITY OF MINNESOTA; TATE LABORATORY OF
1.7PHYSICS BUILDING.
1.8    Subdivision 1. Appropriation. $56,700,000 is appropriated from the bond proceeds
1.9fund to the Board of Regents of the University of Minnesota to design, renovate, furnish,
1.10and equip the historic Tate Laboratory of Physics Building on the Twin Cities campus for
1.11the College of Science and Engineering.
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 $56,700,000 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.
feedback