Minnesota Statutes § 116P.21 - ADDITIONAL CAPITAL CONSTRUCTION PROJECT REQUIREMENTS
AI-assisted research summary: Recipients of trust fund money for capital construction must meet matching-fund and building-guideline requirements, and agencies must hold funds until any required outside commitment is sufficient.
§ Subdivision 1.Full funding. If an appropriation from the trust fund for a capital construction project or project phase is not alone sufficient to complete the project or project phase and a commitment from sources other than the trust fund is required: (1) the commitment must be in an amount that, when added to the appropriation from the trust fund, is sufficient to complete the project or project phase; and (2) the agency administering the appropriation from the trust fund must not distribute the money until the commitment is determined to be sufficient. In determining the sufficiency of a commitment under this clause, the agency must apply the standards and principles applied by the commissioner of management and budget under section 16A.502. § Subd. 2.Match. A recipient of money appropriated from the trust fund for a capital construction project must provide a cash or in-kind match from nontrust fund sources of at least 25 percent of the total costs to complete the project or project phase. § Subd. 3.Sustainable building guidelines. The sustainable building guidelines established under sections 16B.325 and 216B.241, subdivision 9, apply to new buildings and major renovations funded from the trust fund. A recipient of money appropriated from the trust fund for a new building or major renovation must ensure that the project complies with the guidelines. § Subd. 4.Applicability. (a) Subdivisions 1, 2, and 3 do not apply to: (1) a capital construction project with a total cost of less than $10,000; or (2) a land acquisition project. (b) If land is acquired with trust fund money for the purpose of capital construction, the land acquisition is not exempted under paragraph (a), clause (2). § Subd. 5.Other capital construction statutes. The following statutes also apply to recipients of appropriations from the trust fund: sections 16B.32; 16B.335, subdivisions 3 and 4; 16C.054; 16C.16; 16C.28; 16C.285; 138.40; 138.665; 138.666; 177.41 to 177.44; and 471.345.