1.1 A bill for an act
1.2 relating to capital investment; appropriating money for an Academic Health Center
1.3 facility for the University of Minnesota-Duluth; authorizing the sale and issuance
1.4 of state bonds.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. UNIVERSITY OF MINNESOTA-DULUTH; ACADEMIC HEALTH
1.7CENTER FACILITY.
1.8 Subdivision 1.Appropriation.$15,000,000 is appropriated from the bond proceeds
1.9fund to the Board of Regents of the University of Minnesota for predesign, design, and
1.10preconstruction services for a new Academic Health Center facility for the Duluth College
1.11of Pharmacy and Medical School to be colocated in the emerging Medical District in
1.12downtown Duluth.
1.13 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond
1.14proceeds fund, the commissioner of management and budget shall sell and issue bonds of
1.15the state in an amount up to $15,000,000 in the manner, upon the terms, and with the effect
1.16prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota
1.17Constitution, article XI, sections 4 to 7.
1.18 EFFECTIVE DATE.This section is effective the day following final enactment.
1Section 1.
25-01067 as introduced12/12/24 REVISOR JSK/DG
SENATE
STATE OF MINNESOTA
S.F. No. 516NINETY-FOURTH SESSION
(SENATE AUTHORS: MCEWEN and Hauschild)
OFFICIAL STATUSD-PGDATE
Introduction and first reading01/23/2025
Referred to Capital Investment