SF 5037

03/25/26  REVISOR  JSK/EI  26-08278      as introduced
  SENATE
  STATE OF MINNESOTA
  NINETY-FOURTH SESSION  S.F. No. 5037
  (SENATE AUTHORS: HOWE)
  DATE       D-PG  OFFICIAL STATUS
  04/09/2026      7937 Introduction and first reading
  Referred to Capital Investment
1.1A bill for an act
1.2relating to capital investment; appropriating money for building renovations in
1.3Benton Stearns Education District; authorizing the sale and issuance of state bonds.
1.4    BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5Section 1. BENTON STEARNS EDUCATION DISTRICT; NEW BUILDING.
1.6Subdivision 1. Appropriation. $11,500,000 is appropriated from the bond proceeds
1.7    fund to the commissioner of education for a grant to the Benton Stearns Education District,
1.8    District No. 6383, to design, renovate, equip, and furnish three existing educational facilities
1.9    located within District No. 6383. This appropriation includes money for renovations to
1.10   existing buildings for updates to meet applicable fire codes, improvements to accessibility,
1.11   improvements to HVAC and mechanical systems, improvements to exterior doors and
1.12   windows, and renovation of educational and office spaces to include furnishings and
1.13   equipment.
1.14Subd. 2. Bond sale. To provide the money appropriated in this section from the bond
1.15   proceeds fund, the commissioner of management and budget shall sell and issue bonds of
1.16   the state in an amount up to $11,500,000 in the manner, upon the terms, and with the effect
1.17   prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota
1.18   Constitution, article XI, sections 4 to 7.
1.19EFFECTIVE DATE. This section is effective the day following final enactment.
Section 1.  1