Bill > SF890

This bill appropriates $14,018,000 from state bond proceeds to the Board of Trustees of the Minnesota State Colleges and Universities specifically for designing, constructing, renovating, and equipping the Center for Rural Health and Wellness at Southwest Minnesota State University. The commissioner of management and budget is authorized to sell and issue state bonds up to the appropriated amount, following the procedures outlined in Minnesota Statutes sections 16A.631 to 16A.675 and in accordance with the Minnesota Constitution. The bill's provisions will take effect the day after it is finally enacted, enabling the university to proceed with campus improvements focused on rural health and wellness facilities. By using bond proceeds, the state can fund the project through long-term financing, spreading the cost over time while immediately enabling the infrastructure development.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF0890&ssn=0&y=2025