HF4773
South Central College boiler system replacement funding provided, bonds issued, and money appropriated.
Legislative Session 94 (2025-2026)
Related bill: SF5009
AI Generated Summary
Purpose
This bill approves money from bonds to update the boiler system at the North Mankato campus of South Central College. It aims to provide a reliable heating system by paying for design, construction, and equipment.
Main Provisions
- Appropriation: Allocates 6,925,000 from the bond proceeds fund to the Board of Trustees of the Minnesota State Colleges and Universities to design, construct, and equip the replacement boiler system at the North Mankato campus of South Central College.
- Bond Sale: Requires the Commissioner of Management and Budget to sell and issue state bonds for up to 6,925,000 to fund the appropriation. The bond issuance must follow Minnesota law and the state constitution.
Funding and Bonding Details
- Source of funds: The money comes from the bond proceeds fund.
- Financial process: Bonds are to be sold and issued under the rules found in Minnesota Statutes sections 16A.631 to 16A.675 and in the Minnesota Constitution (Article XI, sections 4 to 7).
Location and Project Scope
- Location: North Mankato campus of South Central College.
- Project scope: Design, construction, and equipment for replacing the boiler system to improve heating and reliability.
Significant Changes to Law
- Grants new authority to fund the boiler replacement through a specific appropriation and to issue state bonds for this project.
- Establishes a precise funding amount and requires a specific bond sale process, tying the project to existing bond and constitutional provisions.
Relevant Terms
- appropriation
- bond proceeds fund
- Board of Trustees of the Minnesota State Colleges and Universities
- design
- construct
- equip
- replacement of the boiler system
- North Mankato campus
- South Central College
- bond sale / sell and issue bonds
- Commissioner of Management and Budget
- Minnesota Statutes sections 16A.631 to 16A.675
- Minnesota Constitution Article XI sections 4 to 7
- capital investment
- state bonds
Bill text versions
- Introduction PDF PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| March 26, 2026 | House | Action | Introduction and first reading, referred to | Capital Investment | |
| April 07, 2026 | House | Action | Author added |
Citations
[
{
"analysis": {
"added": [],
"removed": [],
"summary": "This bill references Minnesota Statutes sections 16A.631 to 16A.675 to authorize the sale and issuance of state bonds for the South Central College boiler replacement project.",
"modified": []
},
"citation": "Minnesota Statutes 16A.631 to 16A.675",
"subdivision": ""
}
]Progress through the legislative process
In Committee