Subdivision 1. Committee. The State Building Energy Conservation Improvement Loan Committee consists of the commissioners of administration, management and budget, and commerce. The commissioner of administration serves as chair of the committee. The members serve without compensation or reimbursement for expenses.
Subd. 2. Award and terms of loans. (a) An agency shall apply for a loan on a form developed by the commissioner of administration that requires an applicant to submit the following information:
(1) a description of the proposed project, including existing equipment, structural elements, operating characteristics, and other conditions affecting energy use that the energy conservation improvements financed by the loan modify or replace;
(2) the total estimated project cost and the loan amount sought;
(3) a detailed project budget;
(4) projections of the proposed project's expected energy and monetary savings;
(5) information demonstrating the agency's ability to repay the loan;
(6) a description of the energy conservation programs offered by the utility providing service to the state building from which the applicant seeks additional funding for the project; and
(7) any additional information requested by the commissioner.
(b) The committee shall review applications for loans and shall award a loan based upon criteria adopted by the committee. A loan made under this section must:
(1) be at or below the market rate of interest, including a zero interest loan; and
(2) have a term no longer than seven years.
(c) In making awards, the committee shall give preference to:
(1) applicants that have sought funding for the project through energy conservation projects offered by the utility serving the state building that is the subject of the application; and
(2) to the extent feasible, applications for state buildings located within the electric retail service area of the utility that is subject to section 116C.779.
Subd. 3. Repayment. An agency receiving a loan under this section shall repay the loan according to the terms of the loan agreement. The principal and interest must be paid to the commissioner of administration, who shall deposit it in the state building energy conservation improvement revolving loan account. Payments of loan principal and interest must begin no later than one year after the project is completed.
Subd. 4. [Repealed, 1997 c 7 art 2 s 67]
1987 c 365 s 17; 2008 c 204 s 6; 2009 c 101 art 2 s 109; 1Sp2021 c 4 art 8 s 2
Structure Minnesota Statutes
Chapters 16A - 16E — Administration And Finance
Chapter 16B — Department Of Administration
Section 16B.02 — Department Of Administration.
Section 16B.03 — Appointments.
Section 16B.05 — Delegation By Commissioner.
Section 16B.052 — Authority To Transfer Funds.
Section 16B.054 — Developmental Disabilities.
Section 16B.055 — Lead Agency.
Section 16B.24 — General Authority.
Section 16B.2405 — Capitol Building Powers And Duties.
Section 16B.2406 — Capitol Area Building Account To Address Health, Life Safety, And Security Needs.
Section 16B.241 — Coordinated Facility Planning.
Section 16B.242 — Enterprise Real Property Account.
Section 16B.2421 — Bird-safe Buildings.
Section 16B.245 — Inventory Of State-owned Land.
Section 16B.25 — Lost Property On State Lands.
Section 16B.26 — Utility Companies, Permits To Cross State-owned Lands.
Section 16B.27 — Governor's Residence.
Section 16B.275 — Capitol Area Cafeterias.
Section 16B.276 — Capitol Flag Program.
Section 16B.281 — Sale And Disposition Of Surplus State-owned Land.
Section 16B.282 — Surveys, Appraisals, And Sale.
Section 16B.283 — Terms Of Payment.
Section 16B.284 — Quitclaim Deed.
Section 16B.286 — Reservation Of Minerals.
Section 16B.287 — Disposition Of Proceeds From Surplus State-owned Land.
Section 16B.296 — Transfer Of Real Property.
Section 16B.297 — Acquisition Of Real Property.
Section 16B.2975 — Surplus Property Acquisition, Distribution, And Disposal.
Section 16B.298 — Surplus Property.
Section 16B.30 — General Authority.
Section 16B.305 — Capital Budget Requests.
Section 16B.307 — Asset Preservation Appropriations.
Section 16B.31 — Commissioner Must Approve Plans.
Section 16B.321 — Definitions.
Section 16B.322 — State Energy Improvement Financing Program.
Section 16B.323 — Solar Energy In State Buildings.
Section 16B.325 — Sustainable Building Guidelines.
Section 16B.326 — Heating And Cooling Systems; State-funded Buildings.
Section 16B.327 — Recycling Construction And Demolition Waste From State Buildings; Requirement.
Section 16B.328 — Outdoor Lighting Fixtures Model Ordinance.
Section 16B.33 — Designer Selection Board.
Section 16B.335 — Review Of Plans And Projects.
Section 16B.34 — Inmate Labor.
Section 16B.35 — Art In State Buildings.
Section 16B.355 — Cooperative Local Facilities Grants.
Section 16B.36 — Investigations.
Section 16B.37 — Reorganization Of Agencies.
Section 16B.371 — Assistance To Small Agencies.
Section 16B.38 — Dissolved Or Suspended Agencies.
Section 16B.39 — Programs For State Employees.
Section 16B.45 — Function Of Legislative Auditor.
Section 16B.48 — General Services Revolving Funds.
Section 16B.4805 — Accommodation Reimbursement.
Section 16B.481 — Fees For Training And Maintenance.
Section 16B.4821 — Provision Of Materials And Services To Mnscu.
Section 16B.485 — Interfund Loans.
Section 16B.49 — Central Mailing System.
Section 16B.495 — Hazard Identification And Accident Prevention.
Section 16B.51 — Agency Reports.
Section 16B.53 — Sale Of Laws And Resolutions.
Section 16B.531 — Travel Services.
Section 16B.54 — Enterprise Fleet; Establishment.
Section 16B.55 — Use Of State Vehicles; Compensation For Use Of Personal Vehicles.
Section 16B.56 — Commuter Vans; Use By State Employees And Spouses And Others.
Section 16B.57 — Gasoline And Petroleum Products, Source Of Supply For Agencies.
Section 16B.58 — State Parking Facilities.
Section 16B.581 — Distinctive Tax-exempt License Plates.
Section 16B.85 — Risk Management.
Section 16B.86 — State Building Energy Conservation Improvement Revolving Loan Account.
Section 16B.87 — Award And Repayment Of State Building Energy Improvement Conservation Loans.
Section 16B.875 — Review By Commissioner Of Administration.
Section 16B.97 — Grants Management.