SF5009
South Central College boiler system replacement appropriation and bond issuance authorization
Legislative Session 94 (2025-2026)
Related bill: HF4773
AI Generated Summary
Purpose
Authorizes funding to replace the boiler system at the North Mankato campus of South Central College. The bill uses state bonds to pay for design, construction, and equipment for the project.
Main Provisions
- Appropriation: $6,925,000 is allocated from the bond proceeds fund to the Board of Trustees of the Minnesota State Colleges and Universities.
- Project scope: The money is for designing, constructing, and equipping the replacement boiler system at the North Mankato campus of South Central College.
Bond Financing
- Bond sale authorization: The commissioner of management and budget must sell and issue state bonds up to $6,925,000 to fund the appropriation.
- Legal framework: Bond issuance must follow Minnesota Statutes sections 16A.631 to 16A.675 and the Minnesota Constitution, Article XI, sections 4 to 7.
Implementation and Oversight
- The project is a capital investment funded by bonds, managed through the Board of Trustees for the Minnesota State Colleges and Universities system.
Significant Changes to Existing Law
- Creates a specific appropriation and debt-issuance authorization for a South Central College boiler replacement, financed with bond proceeds. This represents a new funding mechanism for this particular campus project under the existing bond and constitutional rules.
Key Impacts
- Provides a dedicated funding source and authorized debt to upgrade campus infrastructure.
- Establishes a clear path for planning, construction, and equipment related to the boiler replacement.
Relevant Terms - 6,925,000 - bond proceeds fund - Board of Trustees of the Minnesota State Colleges and Universities - design, construct, and equip - boiler system - North Mankato campus - South Central College - bond sale / issuance - Minnesota Statutes 16A.631 to 16A.675 - Minnesota Constitution Article XI (sections 4 to 7) - capital investment - appropriation - debt financing
Bill text versions
- Introduction PDF PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| April 09, 2026 | Senate | Action | Introduction and first reading | ||
| April 09, 2026 | Senate | Action | Referred to | Capital Investment |
Citations
[
{
"analysis": {
"added": [],
"removed": [],
"summary": "This bill section authorizes the sale of state bonds and appropriates 6,925,000 from the bond proceeds fund to design, construct, and equip the replacement boiler system at the North Mankato campus of South Central College, in accordance with Minn. Stat. 16A.631 to 16A.675.",
"modified": []
},
"citation": "16A.631 to 16A.675",
"subdivision": ""
}
]Progress through the legislative process
In Committee