House Approves Bill Expanding Tech School Bonds
by Associated Press
March 06, 2013 12:53 PM
The South Dakota Legislature has approved a bill that would allow more than $38 million in bonds to be sold to finance program expansions at two of the state's four technical institutes.
The measure increases the bonding limit to $18.5 million at Western Dakota Technical Institute in Rapid City to pay for agricultural science and diesel programs.
The $20 million in new bond money at Southeast Technical Institute in Sioux Falls will be used to expand auto body and diesel programs and to expand construction technology,
Student fees are used to pay off the bonds.
The House on Wednesday agreed to Senate changes to the measure, sending the bill to the governor's desk.