Bill > SF1263

This bill appropriates $20 million in state bond proceeds to the University of Minnesota for the Future of Advanced Agricultural Research in Minnesota (FAARM) program located in Mower County. The funding is specifically designated for initial project phases, including land acquisition, site preparation, predesign, design, and preconstruction activities for new facilities such as educational spaces, research areas, animal housing, equipment storage, and support facilities. The appropriation is intended to cover approximately two-thirds of the project's costs, with the remaining expenses to be paid by the university. The commissioner of management and budget is authorized to sell and issue state bonds up to $20 million to provide the funding, following standard state bonding procedures outlined in Minnesota statutes and constitutional provisions. The bill's effective date is the day after it is finally enacted, allowing the University of Minnesota to proceed with planning and initial development of the FAARM program's facilities.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF1263&ssn=0&y=2025