SF415

Purpose

This bill provides money from state bond funds to upgrade Ridgewater College’s Hutchinson campus. It aims to design, renovate, and equip new space for specific programs and for general classroom and student services.

Main Provisions

• Appropriation: Allocates 8,268,000 from the bond proceeds fund to the Board of Trustees of the Minnesota State Colleges and Universities (the state college system) for Ridgewater College’s Hutchinson campus.
• Uses of funds: To design, renovate, and equip space for:
  • Electrician and automation programs
  • Nursing and allied health programs
  • Early childhood programs
  • General classroom and student services space
• Bond sale: Requires the commissioner of management and budget to sell and issue state bonds up to 8,268,000 to fund the appropriation.
• Governing requirements: Bond issuance must follow Minnesota statute sections 16A631 to 16A675 and the Minnesota Constitution article XI sections 4 to 7.

Effect on Existing Law

• This bill creates a new capital investment project at Ridgewater College funded by state bonds. It does not appear to alter existing statutory language beyond authorizing the specified appropriation and bond issuance for the Hutchinson campus improvements.

Summary of What It Seeks to Accomplish

• Provides capital funding to improve facilities for targeted programs (electrician automation, nursing/allied health, early childhood) and general classrooms/student services at Ridgewater College’s Hutchinson campus.
• Enables the state to issue bonds to pay for these improvements.

Relevant Terms - Ridgewater College, Hutchinson campus - Electrician, Automation - Nursing, Allied health - Early childhood - Design, renovate, equip - Classroom and student services space - Bond proceeds fund - Board of Trustees of the Minnesota State Colleges and Universities - Bond sale / issue - Commissioner of management and budget - 16A631 to 16A675 (bond statutes) - Minnesota Constitution article XI, sections 4 to 7