This bill authorizes the Board of Regents to plan, construct, and maintain a new soccer venue at South Dakota State University, with an estimated cost of $5,040,000. The funding for this project will come from appropriated donated moneys and any additional funds received, as outlined in the bill. The Board of Regents is also permitted to adjust the cost estimate to account for inflation and compliance with new regulations, with a cap on adjustments not exceeding 125% of the original estimated cost.
Furthermore, the bill establishes that no financial obligations incurred under this Act will create a lien or liability against the state or its properties. The Bureau of Human Resources and Administration will oversee the project's administration, and the executive director of the Board of Regents will be responsible for approving expenditures. The bill also includes a provision for any unspent appropriated amounts to revert according to existing procedures. An emergency is declared, allowing the Act to take effect immediately upon passage and approval.