Minnesota 2023-2024 Regular Session

Minnesota House Bill HF4193

Introduced
2/22/24  
Refer
2/22/24  

Caption

Cloquet Forestry Center state-owned land transferred to University of Minnesota, defeasance of outstanding debt on state bond financed property funding provided, and money appropriated.

Impact

In addition to transferring the land, HF4193 includes provisions for the appropriations necessary to defease any outstanding general obligation bonds linked to improvements and betterments at the Cloquet Forestry Center. This part of the bill allocates funds for the fiscal year 2025 to facilitate the prepayment of such debts. Once these obligations are satisfied, the properties will no longer carry the designation of being state bond-financed. The enactment of this measure might streamline the financial responsibilities tied to the state bonds associated with the center.

Summary

House File 4193 proposes the transfer of certain state-owned land within the Cloquet Forestry Center to the University of Minnesota. This conveyance aims to enhance the management and operational capabilities of the university in relation to the forestry center. It establishes a framework under which the Minnesota commissioner of administration is mandated to convey the specified land at no cost to the university, with the transfer needing to be in a form approved by the attorney general to ensure accuracy and correctness of boundaries.

Contention

Although specific discussions regarding points of contention around the bill are not detailed in the current materials, the nature of land transfers and budget appropriations generally raises concerns among diverse stakeholders. Potential issues could include discourse on the environmental implications of the land transfer, the appropriateness of state funds in defeasing debt, and the management practices of state-owned land by a public institution. Stakeholders may want to ensure that the land is used effectively and sustainably, considering its significance in educational and research activities related to forestry.

Companion Bills

MN SF3986

Similar To Certain state-owned land in the Cloquet Forestry Center transferred to the University of Minnesota and defeasance of outstanding debt on certain state bond financed property appropriation

Previously Filed As

MN SF3986

Certain state-owned land in the Cloquet Forestry Center transferred to the University of Minnesota and defeasance of outstanding debt on certain state bond financed property appropriation

MN HF1389

State-owned land in the Cloquet Forestry Center transferred to the University of Minnesota, defeasance of outstanding debt on certain state bond financed property funding provided, and money appropriated.

MN SF1754

Certain state-owned land in the Cloquet Forestry Center transferal to the University of Minnesota

MN HF2485

Capital investment spending authorized, bonds issued, and money appropriated.

MN HF5220

Capital investment; spending authorized to acquire and better public land and buildings and for other improvements of a capital nature, new programs established and existing programs modified, prior appropriations modified and canceled, bonds issued, and money appropriated.

MN HF3538

Minnesota State Colleges and Universities higher education projects funding provided, bonds issued, and money appropriated.

MN HF669

Capital investment; spending authorized to acquire and better public land and buildings, new programs established and existing programs modified, prior appropriations modified, bonds issued, conveyance of state bond-financed property authorized, reports required, and money appropriated.

MN HF50

Easement and state land conveying and leasing requirements modified, state forests added to and deleted from, state parks added to, and sale and conveyance of land authorized.

MN SF2933

Capital improvement appropriations provisions

MN HF3508

State land transfer fee provisions modified, land added to state parks, state land sales and conveyances authorized, Upper Sioux Agency State Park deauthorized, and money appropriated.

Similar Bills

No similar bills found.