FOR AN ACT ENTITLED, An Act to authorize the Board of Regents to construct multi-use storage facilities at South Dakota State University and to make an appropriation therefor.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
    Section 1. The Board of Regents may contract for the planning, site preparations, construction, utilities, and maintaining of multi-use storage facilities at South Dakota State University, consisting of an estimated five thousand square feet, at an estimated cost of three hundred twenty-five thousand dollars.
    Section 2. There is hereby appropriated the sum of three hundred twenty-five thousand dollars ($325,000), or so much thereof as may be necessary, in other fund expenditure authority from the grant and contract indirect recovery funds and plant funds to accomplish the purposes of this Act.
    Section 3. The cost estimates contained in this Act have been stated in terms of 2012 values. The Board of Regents may adjust such cost estimates to reflect inflation as measured by the Building Cost Index, reported by the Engineering News Record, additional expenditures required to comply with regulations adopted after the effective date of this Act, or donations,

federal, or other funds received pursuant to section 4 of this Act. However, any adjustments to construction cost estimates for the project may not exceed one hundred twenty-five percent of the estimated project construction cost stated in section 1 of this Act.
    Section 4. The Board of Regents may accept, transfer, and expend any funds obtained for the projects authorized in this Act from federal sources, donations, grant and contract indirect recovery funds, or plant funds, all of which comprise a special fund for the benefitted project; and all moneys deposited into that fund are hereby appropriated to the project authorized by this Act in addition to the amounts otherwise authorized by this Act. However, the aggregate increases to the estimated project funds from such sources may not exceed one hundred twenty-five percent of the estimated project construction cost stated in section 1 of this Act.
    Section 5. The administration of the design and construction of the project authorized in this Act shall be under the general charge and supervision of the Bureau of Administration as provided in chapter 5-14. The executive director of the Board of Regents shall approve vouchers and the state auditor shall draw warrants to pay expenditures authorized by this Act.