1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for a track at the Minnesota 
1.3 	State Academies; 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. TRACK; MINNESOTA STATE ACADEMIES.
 1.6 		Subdivision 1.Appropriation. $800,000 is appropriated from the bond proceeds fund 
1.7 	to the commissioner of administration to design, construct, furnish, and equip a track on 
1.8 	the campus of the Minnesota State Academy for the Blind to serve the students of the 
1.9 	Minnesota State Academy for the Blind and the Minnesota State Academy for the Deaf, 
1.10 	subject to Minnesota Statutes, section 16A.695.
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 $800,000 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.