FOR AN ACT ENTITLED, An Act to  authorize the Board of Regents to replace storage facilities at the Cottonwood Agricultural Experiment Station 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 construction, completion, furnishing, equipping, and maintaining of, including heating, air conditioning, plumbing, water, sewer, electric facilities, architectural and engineering services, asbestos abatement, and such other services as may be required to construct a new machine and equipment storage shed and hoop barn at the Cottonwood Agricultural Experiment Station, located near Cottonwood in Jackson County, in conjunction with the agricultural experiment station, at an estimated cost of two hundred thousand dollars.
     Section 2.  The Board of Regents shall provide for the removal or demolition of existing storage sheds pursuant to §  13-51-12.
     Section 3.  There is hereby appropriated from pesticide registration fees designated for the agricultural experiment station in subdivision 38-20A-59(4) the sum of two hundred thousand

dollars ($ 200,000 ), or so much thereof as may be necessary, to the Board of Regents for the purpose of constructing the facility described in this Act.
     Section 4.  All cost estimates contained in this Act are stated in terms of 2007 values. The Board of Regents may adjust the 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 grants or donations received pursuant to section 5 of this Act.
     Section 5.  The Board of Regents may accept, transfer, and expend any property or funds obtained for these purposes from federal sources, gifts, contributions, or any other source, all of which shall comprise a special fund for the project authorized by this Act, and all moneys deposited into that fund are hereby appropriated to the project authorized by this Act.
     Section 6.  The design and construction of the facilities approved by this Act shall be under the general supervision of the Bureau of Administration as provided in §  5-14-2. The commissioner of the Bureau of Administration and 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.