1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for Bemidji State University; 
1.3 	authorizing the sale and issuance of state bonds.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. BEMIDJI STATE UNIVERSITY.
 1.6 		Subdivision 1.Appropriation. $3,300,000 is appropriated from the bond proceeds 
1.7 	fund to the Board of Trustees of the Minnesota State Colleges and Universities for Bemidji 
1.8 	State University to abate and demolish Maple Hall and Sanford Hall, and to complete 
1.9 	design for the renovation of Decker Hall, Hobson Hall, and Memorial Hall into multiuse 
1.10 	classrooms and study spaces, including replacing the HVAC system and constructing an 
1.11 	addition to Memorial Hall for better accessibility.
1.12 		Subd. 2.Bond sale. To provide the money appropriated in this section from the 
1.13 	bond proceeds fund, the commissioner of management and budget shall sell and issue 
1.14 	bonds of the state in an amount up to $3,300,000 in the manner, upon the terms, and with 
1.15 	the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the 
1.16 	Minnesota Constitution, article XI, sections 4 to 7.

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