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Capital Investment Finance Division

FIRST MEETING

2009-2010 Regular Session - Tuesday, January 13, 2009

STATE OF MINNESOTA FIRST MEETING
HOUSE OF REPRESENTATIVES EIGHTY-SIXTH SESSION

CAPITAL INVESTMENT FINANCE DIVISION COMMITTEE

MINUTES


Representative Alice Hausman, Chair of the Capital Investment Committee, called the meeting to order at 2:50 p.m. on Tuesday, January 13, 2009, in the Basement Hearing Room of the State Office Building.

The Committee Legislative Assistant noted the roll.

Members present:

HAUSMAN, Alice, Chair
SCALZE, Bev, Vice-Chair
HOWES, Larry, GOP-Lead
CARLSON, Lyndon
CLARK, Karen
DAVIDS, Greg
DEAN, Matt
EASTLUND, Rob
HANSEN, Rick
JUHNKE, Al
LANNING, Morrie

LIEDER, Bernie
MAHONEY, Tim
MULLERY, Joe
MURPHY, Mary
PELOWSKI, Gene
RUKAVINA, Tom
SCOTT, Peggy
SOLBERG, Loren
URDAHL, Dean
WAGENIUS, Jean

Members excused: Anderson, B.

A quorum was present.

Welcome: Staff and member introductions

HF56 (Hosch) Stearns County; Grantee for parks appropriation corrected

Rep. Hausman moved that HF56 be recommended to pass and referred back to the Finance Committee.

Testifying and responding to questions on the bill:

- Rep. Larry Hosch, author of the bill
- Chuck Wocken, Director, Stearns County Parks

Rep. Hausman renewed the motion that HF56 be recommended to pass and referred back to the Finance Committee. MOTION PREVAILED

Update on today’s bond sale by Kathy Kardell, Assistant Commissioner, Treasury Division, Minnesota Management and Budget Office

Overview of the Capital Budget Process:

- Mike Roelofs, Executive Budget Officer, MN Management and Budget Office
- Kathy Kardell, Assistant Commissioner, Treasury Division, MN Management and Budget Office
- Terry Kuhlman, Executive Director, Public Facilities Authority, responded to questions

2009 Bond Cancellation Report:

- Kathy Kardell, Assistant Commissioner, Treasury Division, MN Management and Budget Office
- Norman Foster, MN Department of Transportation, Office of Financial Management

The meeting was adjourned at 4:17 p.m.


_______________________________________
Rep. Alice Hausman, Chair




Laurie Nistl
Committee Legislative Assistant
More Info On This Meeting..

HF56 (Hosch) Stearns County; Grantee for parks appropriation corrected
Update on bond sale
Overview of capital budget process
2009 Bond Cancellation Report