Bill > SF415

This bill provides $8,268,000 in state bond funding for campus improvements at Ridgewater College's Hutchinson location. Specifically, the appropriation will be used to design, renovate, and equip spaces for several academic programs including electrician training, automation, nursing, allied health, and early childhood education, as well as general classroom and student services areas. The bill authorizes the commissioner of management and budget to sell and issue state bonds to finance these improvements, following standard state bonding procedures outlined in Minnesota Statutes and the state constitution. The funding will come from the state bond proceeds fund, and the bill becomes effective immediately after it is enacted. This type of legislation is typical for state governments seeking to invest in infrastructure and educational facilities upgrades, using bond financing to spread the cost over time while making immediate improvements to public educational institutions.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF0415&ssn=0&y=2025