HF 4255

03/03/26   REVISOR  JSK/EI  26-07722
This Document can be made available
in alternative formats upon request  State of Minnesota
  HOUSE OF REPRESENTATIVES
  NINETY-FOURTH SESSION
  H. F. No.   4255
03/12/2026     Authored by Swedzinski and Schomacker
  The bill was read for the first time and referred to the Committee on Capital Investment
1.1A bill for an act
1.2relating to capital investment; appropriating money for capital projects at Southwest
1.3Minnesota State University; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5Section 1. SOUTHWEST MINNESOTA STATE UNIVERSITY.
1.6Subdivision 1. Appropriation. $24,357,000 is appropriated from the bond proceeds
1.7fund to the board of trustees of the Minnesota State Colleges and Universities for capital
1.8projects at Southwest Minnesota State University campus. Of this appropriation:
1.9(1) $15,157,000 is to design, construct, furnish, and equip the renovation of athletic,
1.10locker room, instructional and other space, update of mechanical systems and other
1.11infrastructure, and for other improvements and betterments of a capital nature at the Physical
1.12Education building;
1.13(2) $8,000,000 is to design, construct, furnish, and equip an indoor sports and recreation
1.14dome to provide indoor athletic, wellness, and recreation space; and
1.15(3) $1,200,000 is to design, construct, furnish, and equip the renovation of the Physical
1.16Education gymnasium.
1.17Subd. 2. Bond sale. To provide the money appropriated in this section from the bond
1.18proceeds fund, the commissioner of management and budget shall sell and issue bonds of
1.19the state in an amount up to $24,357,000 in the manner, upon the terms, and with the effect
1.20prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota
1.21Constitution, article XI, sections 4 to 7.
1.22EFFECTIVE DATE. This section is effective the day following final enactment.
Section 1.  1