SF335 (Legislative Session 94 (2025-2026))
Minnesota West Community and Technical College bond issue and appropriation
Related bill: HF1153
AI Generated Summary
Purpose
Authorizes a capital investment appropriation and bond funding for Minnesota West Community and Technical College to improve facilities. Specifically, the bill provides money to design, renovate, and equip nursing and Peace Officer training spaces at the Granite Falls and Worthington campuses and to design, renovate, and equip a student services space at the Granite Falls campus. The funding comes from the state bond proceeds fund and is intended to support campus improvements that enhance training and student services.
Main Provisions
- Subdivision 1 – Appropriation: Appropriates $15,567,000 from the bond proceeds fund to the Board of Trustees of the Minnesota State Colleges and Universities to specifically design, renovate, and equip:
- Nursing spaces at Granite Falls and Worthington campuses
- Peace Officer training spaces at Granite Falls and Worthington campuses
- Student services space at the Granite Falls campus
- Subdivision 2 – Bond sale: Requires the commissioner of management and budget to sell and issue bonds up to $15,567,000 to fund the appropriation, under the applicable state laws and the Minnesota Constitution.
Key Changes and Implications
- Creates a new or specific capital funding appropriation for Minnesota West Community and Technical College, targeted at health and safety training facilities (nursing and Peace Officer training) and student services space.
- Establishes authority to issue state bonds (up to $15,567,000) to finance these improvements, leveraging the bond proceeds fund.
- Ties the funding to established legal processes and constitutional provisions governing state bond sales.
Authority and Oversight
- The funds are to be provided to the Board of Trustees of the Minnesota State Colleges and Universities (the Minnesota State Colleges and Universities system) for project implementation.
- Bond issuance is to follow Minnesota Statutes sections 16A631 to 16A675 and Minnesota Constitution article XI sections 4 to 7.
Affected Parties and Projects
- Affected Institution: Minnesota West Community and Technical College (Granite Falls and Worthington campuses).
- Projects: Design, renovation, and equipment for nursing spaces, Peace Officer training spaces, and a Granite Falls student services space.
Financial Details
- Total amount: $15,567,000
- Source: Bond proceeds fund
- Allocation purpose: Design, renovation, and equipment for specified facilities
Timeline/Process
- Funding authorized through appropriation in this section.
- Bond sale to be executed by commissioner of management and budget under applicable statutes and constitutional provisions.
Relevant Terms - Minnesota West Community and Technical College - Granite Falls campus - Worthington campus - Nursing spaces - Peace Officer training spaces - Student services space - Bond proceeds fund - Board of Trustees of the Minnesota State Colleges and Universities - Commissioner of management and budget - Bonds / bond sale - Minnesota Statutes sections 16A631 to 16A675 - Minnesota Constitution article XI sections 4 to 7
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| January 21, 2025 | Senate | Action | Introduction and first reading | ||
| January 21, 2025 | Senate | Action | Referred to | Capital Investment |
Citations
[
{
"analysis": {
"added": [],
"removed": [],
"summary": "This bill references Minnesota Statutes sections 16A631 to 16A675 as the statutory basis for the state bond sale related to funding Minnesota West Community and Technical College projects.",
"modified": []
},
"citation": "16A631 to 16A675",
"subdivision": ""
}
]