Committee: Senate Appropriations
MOTION:
TO APPROVE THE MINUTES OF FEBRUARY 11, 1998
Moved by:
Senator Dennert
Second by:
Senator Benson
Action:
Prevailed by voice vote.
MOTION:
TO APPROVE THE MINUTES OF FEBRUARY 12, 1998
Moved by:
Senator Hainje
Second by:
Senator Morford
Action:
Prevailed by voice vote.
MOTION:
TO APPROVE THE MINUTES OF FEBRUARY 17, 1998
Moved by:
Senator Benson
Second by:
Senator Johnson (William)
Action:
Prevailed by voice vote.
HB 1019:
to authorize the Board of Regents to expend higher educational facilities
funds to lease certain educational facilities.
"
Section 6. In addition to the funds in section 1 of this Act, the Board of Regents shall identify
funds in the amount of seven hundred fifty thousand dollars ($750,000) for the purpose of
maintenance and repair of the facility authorized in section 1 of this Act. These funds shall be
identified and accumulated at the rate of one percent of the estimated project cost per year for ten
years. These funds may be identified from other funds under the control of the Board of Regents,
from gifts and grants to Dakota State University, from restricted gifts and grants to foundations
associated with the facility or Dakota State University, or from dedicated funds of the city of
Madison. All other funds identified by the Board of Regents pursuant to this section, together with
any gifts or grants received by Dakota State University for the purposes of this Act, shall be
transferred into the Dakota State University-Madison Community Center Maintenance and Repair
Fund, which is hereby created in the state treasury as a participating fund, and the Board of Regents
may expend such funds, together with their earnings, as it deems necessary to provide for the
maintenance, repair, or replacement of the center authorized by this Act, its equipment or
furnishings.
Section 7. The Dakota State University's share of the annual operating cost for the facility may not exceed ten percent of the total costs. Any operating cost shortfalls shall be split between the Dakota State University and the city of Madison at the rate of forty percent/sixty percent, respectively. "
"
Section 6. In addition to the funds in section 1 of this Act, the Board of Regents shall identify
funds in the amount of seven hundred fifty thousand dollars ($750,000) for the purpose of
maintenance and repair of the facility authorized in section 1 of this Act. These funds shall be
identified and accumulated at the rate of one percent of the estimated project cost per year for ten
years. These funds may be identified from other funds under the control of the Board of Regents,
from gifts and grants to Dakota State University, from restricted gifts and grants to foundations
associated with the facility or Dakota State University, or from dedicated funds of the city of
Madison. All other funds identified by the Board of Regents pursuant to this section, together with
any gifts or grants received by Dakota State University for the purposes of this Act, shall be
transferred into the Dakota State University-Madison Community Center Maintenance and Repair
Fund, which is hereby created in the state treasury as a participating fund, and the Board of Regents
may expend such funds, together with their earnings, as it deems necessary to provide for the
maintenance or repair of the center authorized by this Act.
Section 7. The Dakota State University's share of the annual operating cost for the facility may
not exceed ten percent of the total costs. Any operating cost shortfalls shall be split between the
Dakota State University and the city of Madison at the rate of forty percent/sixty percent,
respectively.
"
" Section 4. Notwithstanding the provisions of § 5-14-3, the administration of the design and construction of these modifications and facilities and oversight of building committees appointed therefor, shall be under the general charge and supervision of the Governor and the executive
director of the Board of Regents or their designees. The executive secretary of the Building
Authority, the Governor, and the executive director of the Board of Regents, or their designees shall
approve vouchers and the state auditor shall draw warrants to pay expenditures authorized by this
Act.
"
"
Section 5. Notwithstanding the provisions of
§
5-14-3, the administration of the design and
construction of these modifications and facilities and oversight of building committees appointed
therefor, shall be under the general charge and supervision of the Governor and the executive
director of the Board of Regents or their designees. The executive secretary of the Building
Authority, the Governor, and the executive director of the Board of Regents, or their designees shall
approve vouchers and the state auditor shall draw warrants to pay expenditures authorized by this
Act.
"
Cynthia Scott