State Funding for Colorado School of Mines Capital Construction Costs

Summary

The bill authorizes the state treasurer to enter a financed‑purchase agreement that can raise up to $13 million to fund critical building‑system upgrades at the Colorado School of Mines’ Guggenheim Hall. Payments would be made only after the General Assembly appropriates the money each year and are structured so they do not count as state debt. It also earmarks $13 million for the 2026‑27 fiscal year from the agreement’s proceeds.

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