SF1768

Purpose

To fund a new gymnasium at Browerville High School by providing an appropriation and authorizing the sale of state bonds.

Main Provisions

• Subdivision 1 – Appropriation

  • An amount of 7,800,000 is appropriated from the bond proceeds fund.
  • The money is designated as a grant to Independent School District No. 787 (Browerville).
  • The funds are for predesign, design, engineering, and construction of a new gymnasium at Browerville High School in Browerville.

• Subdivision 2 – Bond Sale

  • To raise the appropriated funds, the commissioner of management and budget must sell and issue state bonds up to 7,800,000.
  • The bond sale must follow the procedures and terms set forth in Minnesota Statutes sections 16A.631 to 16A.675 and in the Minnesota Constitution article XI sections 4 to 7.

What this bill would change

• Establishes a new capital investment project for Browerville High School by creating a specific appropriation and authorizing bond issuance to fund the gymnasium.
• Directs the funds as a grant to Browerville’s school district (Independent School District No. 787) for the full project scope (predesign, design, engineering, construction).
• Uses the standard state bond issuance framework (bond proceeds fund, statutes, and constitutional provisions) to finance the project.

Implementation and scope notes

• The appropriation is tied to a specific local school district project (Browerville High School) and is contingent on the sale of bonds up to the stated amount.
• The bill does not detail other uses or subsequent payments beyond the gymnasium project; the focus is the funding and bonding for this construction.

Potential implications to monitor

• Long-term debt impact on the state budget due to bond issuance.
• Timelines for predesign, design, engineering, and construction of the new gymnasium.
• Oversight and accountability for the grant to Browerville ISD 787.

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Relevant Terms - appropriation - bond proceeds fund - grant - Independent School District No. 787 Browerville - Browerville High School - Browerville - predesign - design - engineer - construct - gymnasium - bond sale - commissioner of management and budget - bonds - Minnesota Statutes sections 16A.631 to 16A.675 - Minnesota Constitution Article XI sections 4 to 7