This bill, S.F. No. 1958, proposes a capital investment appropriation for higher education projects within the Minnesota State Colleges and Universities system. It authorizes the issuance of state bonds to fund these initiatives.

Key Provisions:

1. Total Appropriation:

   • Allocates $552,348,000 from bond proceeds to the Minnesota State Colleges and Universities Board of Trustees.

2. Higher Education Asset Preservation and Replacement (HEAPR):

   • $200,000,000 for facility maintenance and preservation in accordance with Minnesota Statutes section 135A.046.

3. Individual College and University Allocations:

   • Saint Paul College: $34,857,000 for renovations and demolition of the College Learning Center.
     
   • Minnesota State University, Mankato: $87,922,000 for demolishing Armstrong Hall and renovating multiple buildings.
     
   • Winona State University: $75,620,000 for a new classroom and student support building replacing Gildemeister and Watkins Halls.
     
   • Alexandria Technical and Community College: $35,539,000 for student services renovations and a new Transportation Center.
     
   • Riverland Community College (Austin Campus): $17,987,000 for student services space renovations.
     
   • Southwest Minnesota State University: $14,711,000 for a Wellness and Human Performance Center.
     
   • Rochester Community and Technical College: $13,464,000 for career and technical education renovations.
     
   • Minnesota West Community and Technical College: $10,062,000 for nursing and student services renovations at Granite Falls and Worthington campuses.
     
   • Ridgewater College (Hutchinson Campus): $8,613,000 for renovations in electrician, nursing, and general programs.
     
   • Minnesota State College Southeast (Winona Campus): $15,239,000 for nursing, health sciences, and student services renovations.
     
   • South Central College (North Mankato Campus): $6,422,000 for renovations in various program spaces.
     
   • Anoka-Ramsey Community College (Coon Rapids Campus): $15,099,000 for lab renovations in sciences and engineering.
     
   • Dakota County Technical College: $1,760,000 to design renovations and a new electrical lineworker building.
     
   • Normandale Community College: $15,053,000 for library updates and student support improvements.
     

4. Debt Service Requirements:

   • The Board of Trustees must cover one-third of the debt service for state bonds, except for HEAPR projects.
   • The Commissioner of Management and Budget assesses and manages these payments.
     

5. Unused Funds:

   • Remaining funds from completed projects may be reallocated to HEAPR projects on the same campus.
   • The Board of Trustees must report expenditure details to the legislature.
     

Purpose:

This bill seeks to fund infrastructure improvements in higher education institutions across Minnesota, including renovations, new construction, and essential facility replacements.