HF2700 Summary - 2010 Omnibus Bonding Bill

• Appropriates $1,103,048,000 total in capital improvements across state agencies, authorized through state bond sales, for acquiring and bettering public lands, buildings, and infrastructure projects.

• Major funding allocations include: University of Minnesota ($100M), Minnesota State Colleges and Universities ($239.9M), Natural Resources ($126.3M), Transportation ($156.2M), and Metropolitan Council ($79.1M).

• Authorizes sale of state general obligation bonds totaling approximately $1,003,085,000 to fund the appropriations, with debt service payments made by affected agencies and the general fund.

• Modifies previous capital appropriations from 2002-2009 omnibus bills, including cancellations and reductions of unused funds across various departments and projects.

• Implements new requirements including 50% construction/demolition waste recycling for state building projects, permits for utility easements on state land, and cooperative local facility grant programs for counties, cities, and school districts.