as introduced - 89th Legislature (2015 - 2016) Posted on 03/09/2016 08:53am
A bill for an act
relating to capital investment; appropriating money for the Applied Technology
Center at Century College; authorizing the sale and issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$5,500,000 is appropriated from the bond proceeds
fund to the Board of Trustees of the Minnesota State Colleges and Universities for projects
designed to create flexible space for classroom, lab, and other learning use; upgrade the
adjacent welding laboratory; and expand robotic welding competencies.
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To provide the money appropriated in this section from the
bond proceeds fund, the commissioner of management and budget shall sell and issue
bonds of the state in an amount up to $5,500,000 in the manner, upon the terms, and with
the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
Minnesota Constitution, article XI, sections 4 to 7.
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This section is effective the day following final enactment.
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