(HB 1068)
Board of Regents, long-term capital projects and appropriation.
Section
1.
It is in the public interest that the South Dakota Building Authority contract for the
construction, completion, furnishing, equipping, and maintaining of, including heating, air
conditioning, plumbing, water, sewer, electric facilities, architectural and engineering services,
asbestos abatement, removal of existing roofing and structures, and such other services as may be
required to accomplish the projects enumerated in section 3 of this Act, all at the estimated cost of
seventy-one million seven hundred ninety-one thousand dollars. The South Dakota Building
Authority may finance up to thirty-eight million three hundred forty-one thousand dollars of the
construction costs through the issuance of revenue bonds, in accordance with this Act and chapter
5-12.
Section
2.
In addition to those projects approved in section 1 of this Act, the Board of Regents
may contract for the construction, completion, furnishing, equipping, and maintaining of, including
heating, air conditioning, plumbing, water, sewer, electric facilities, architectural and engineering
services, asbestos abatement, removal of existing roofing and structures, and such other services
as may be required to accomplish the projects enumerated in section 4 of this Act, all at the
estimated cost of thirty million two hundred seventy thousand dollars.
Section
3.
The projects authorized in section 1 of this Act, to be financed through the issuance
of revenue bonds by the South Dakota Building Authority, include the following:
thousand dollars provided that, in no event, may the building authority issue bonds for
more than two million five hundred thousand dollars, for the Cook classroom renovation
or replacement space;
Section
6.
There is hereby appropriated to the Board of Regents six hundred fifty-nine thousand
two hundred forty dollars, or so much thereof as may be needed, to construct an addition to the
Donald E. Young Sports and Fitness Center. The monies appropriated by this Act shall include one
hundred fifty thousand dollars from other funds appropriated to Black Hills State University and
five hundred nine thousand two hundred forty dollars from monies available to the South Dakota
National Guard.
Section
7.
There is hereby appropriated from the higher education facilities fund established in
§
13-51-2 the sum of five million seven hundred fifty thousand dollars for the Cook classroom
renovation or replacement space.
Section
8.
The authorizations granted under section 1 of this Act, and all necessary
appropriations required to finance and to complete such projects, remain effective through June 30,
2009. However, no bonds may be issued under the authority of this Act if such issuance would
violate the restriction established in
§
13-51-2.
Section
9.
The authorizations granted under section 2 of this Act, and all necessary
appropriations required to finance and to complete such projects, remain effective through June 30,
2013.
Section
10.
All cost estimates contained in this Act have been stated in terms of 2001 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. The limitations on the amount of
bonded indebtedness stated in section 3 of this Act are not subject to such adjustment.
Section
11.
No indebtedness, bond, or obligation incurred or created under the authority of this
Act may be or may become a lien, charge, or liability against the State of South Dakota, nor against
the property or funds of the State of South Dakota within the meaning of the Constitution or
statutes of the state.
Section
12.
The Building Authority and the Board of Regents may accept, transfer, and expend
any funds obtained for these purposes from federal sources, gifts, contributions, or any other
source, all of which shall be deemed appropriated to the project authorized by this Act.
Section 13. The administration of the design and construction of the projects authorized in sections 3 and 4 of this Act shall be under the general charge and supervision of the Bureau of Administration as provided in chapter 5-14, except as otherwise provided in section 5 of this Act. The executive director of the Board of Regents and the executive secretary of the Building Authority, or their designees, shall approve vouchers and the state auditor shall draw warrants to pay expenditures authorized by section 3 of this Act. The executive director of the Board of
Regents, or a designee, shall approve vouchers and the state auditor shall draw warrants to pay
expenditures authorized by section 4 of this Act, except as otherwise provided in section 5 of this
Act.
Section
14.
The Board of Regents may make and enter into a lease agreement with the Building
Authority and make rental payments under the terms thereof, pursuant to chapter 5-12, from the
higher education facilities fund for the purposes of this Act.