ENTITLED, An Act to authorize the Board of Regents to contract for the design, renovation of, and addition to, the National Music Museum in Vermillion and to make an appropriation therefor.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
Section 1. The Board of Regents is hereby authorized to contract for the design, renovation of, and addition to, the National Music Museum in Vermillion, together with furnishings and equipment, including heating, air conditioning, plumbing, water, sewer, electric facilities, sidewalks, parking, landscaping, architectural and engineering services, asbestos abatement, and such other services or actions as may be required to accomplish the project, for an estimated cost of nine million two hundred sixty-five thousand dollars subject to permitted adjustments pursuant to section 3 of this Act.
Section 2. There is hereby appropriated the sum of seven million seven hundred sixty-five thousand dollars ($7,765,000), or so much thereof as may be necessary, in other fund expenditure authority from gifts donated for the purposes of this Act; and the sum of one million five hundred thousand dollars ($1,500,000), or so much thereof as may be necessary, in other fund expenditure authority from the higher education facilities fund allocable to the University of South Dakota for the purposes of maintenance and repair to address the portion of the project that would otherwise involve maintenance and repair projects, together with any additional sums received pursuant to section 4 of this Act, and permitted adjustments pursuant to section 3 of this Act, to the Board of Regents for the purposes authorized in this Act.
Section 3. The cost estimates contained in this Act have been stated in terms of 2017 values. The Board of Regents may adjust the cost estimates to reflect the inflation as measured by the Building Cost Index, reported by the Engineering News Record and additional expenditures required to comply with regulations adopted after the effective date of this Act, or additional sums 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, or any other external sources, all of which comprise a special fund for the benefitted project. All moneys deposited into that fund are hereby appropriated to the projects authorized by this Act, subject to the limitations stated in sections 1 to 3, inclusive, 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.
Section 6. 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.
An Act to authorize the Board of Regents to contract for the design, renovation of, and addition to, the National Music Museum in Vermillion and to make an appropriation therefor.
I certify that the attached Act originated in the
HOUSE as Bill No. 1065
Speaker of the House
President of the Senate
Secretary of the Senate
House Bill No. 1065
File No. ____
Chapter No. ______
Received at this Executive Office this _____ day of _____________ ,
20____ at ____________ M.
for the Governor
The attached Act is hereby approved this ________ day of ______________ , A.D., 20___
STATE OF SOUTH DAKOTA,
Office of the Secretary of State
Filed ____________ , 20___
at _________ o'clock __ M.
Secretary of State
Asst. Secretary of State