1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for capital improvements at 
1.3 	Anoka Ramsey Community College, Coon Rapids; authorizing the sale and 
1.4 	issuance of state bonds.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. ANOKA RAMSEY COMMUNITY COLLEGE, COON RAPIDS.
 1.7 		Subdivision 1.Appropriation. $21,841,000 is appropriated from the bond proceeds 
1.8 	fund to the Board of Trustees of Minnesota State Colleges and Universities for Anoka 
1.9 	Ramsey Community College for the capital improvement projects at the Coon Rapids 
1.10 	campus under this subdivision:
1.11 	(1) $5,357,000 is to complete the design, renovate, furnish, and equip the fine arts 
1.12 	classroom and lab building; and
1.13 	(2) $16,484,000 is to complete the design, construct, furnish, and equip a Bioscience 
1.14 	and Allied health addition and renovation to support Science, Technology, and Math 
1.15 	(STEM) and nursing program initiatives.
1.16 		Subd. 2.Bond sale. To provide the money appropriated in this section from the 
1.17 	bond proceeds fund, the commissioner of management and budget shall sell and issue 
1.18 	bonds of the state in an amount up to $21,841,000 in the manner, upon the terms, and with 
1.19 	the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the 
1.20 	Minnesota Constitution, article XI, sections 4 to 7.

1.21 	EFFECTIVE DATE. This section is effective the day following final enactment.