1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money
1.3 	for Bemidji State University-Northwest Technical
1.4 	College; authorizing the issuance of general
1.5 	obligation bonds.
1.6 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.7 	Section 1. APPROPRIATION; BEMIDJI STATE
1.8 	UNIVERSITY-NORTHWEST TECHNICAL COLLEGE.
 1.9 	$10,863,000 is appropriated from the bond proceeds fund to
1.10 	the Board of Trustees of the Minnesota State Colleges and
1.11 	Universities to remodel, furnish, and equip Phase 2 of the
1.12 	Emerging Technology Addition project in Bemidji, including
1.13 	remodeling Bridgeman Hall at Bemidji State University and
1.14 	construction of an addition at Northwest Technical College.

1.15 	Sec. 2. BOND SALE.
 1.16 	To provide the money appropriated in section 1 from the
1.17 	bond proceeds fund, the commissioner of finance shall sell and
1.18 	issue bonds of the state in an amount up to $10,863,000 in the
1.19 	manner, on the terms, and with the effect prescribed by
1.20 	Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.21 	Minnesota Constitution, article XI, sections 4 to 7.

1.22 	Sec. 3. EFFECTIVE DATE.
 1.23 	Sections 1 and 2 are effective the day following final
1.24 	enactment.