1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for a chemical sciences and 
1.3 	advanced materials science building at the University of Minnesota on the Duluth 
1.4 	campus; authorizing the issuance of state bonds.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. CHEMICAL SCIENCES AND ADVANCED MATERIALS SCIENCE 
1.7 	BUILDING; UNIVERSITY OF MINNESOTA; DULUTH CAMPUS.
 1.8 		Subdivision 1.Appropriation. $28,333,000 is appropriated from the bond proceeds 
1.9 	fund to the Board of Regents of the University of Minnesota to design, construct, furnish, 
1.10 	and equip a new laboratory building, including classrooms, research, and undergraduate 
1.11 	instructional laboratories, on the Duluth campus. This appropriation is intended to cover 
1.12 	two-thirds of the cost of the project. The remaining costs must be paid from university 
1.13 	sources.
1.14 		Subd. 2.Bond sale. To provide the money appropriated in subdivision 1 from the bond 
1.15 	proceeds fund, the commissioner of management and budget shall sell and issue bonds of 
1.16 	the state in an amount up to $28,333,000 in the manner, upon the terms, and with the effect 
1.17 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.18 	Constitution, article XI, sections 4 to 7.

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