1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for improvements on the North 
1.3 	Hennepin Community College campus; authorizing the sale and issuance of state 
1.4 	bonds.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. NORTH HENNEPIN COMMUNITY COLLEGE.
 1.7 		Subdivision 1.Appropriation. $7,598,000 is appropriated from the bond proceeds fund 
1.8 	to the Board of Trustees of the Minnesota State Colleges and Universities to design the 
1.9 	demolition and replacement of the current Fine Arts Center building with the Center for 
1.10 	Innovation and the Arts at North Hennepin Community College.
1.11 		Subd. 2.Bond sale. To provide the money appropriated in this section from the bond 
1.12 	proceeds fund, the commissioner of management and budget shall sell and issue bonds of 
1.13 	the state in an amount up to $7,598,000 in the manner, upon the terms, and with the effect 
1.14 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.15 	Constitution, article XI, sections 4 to 7.

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