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

1.6 	Section 1. BEMIDJI STATE UNIVERSITY; NORTHWEST TECHNICAL 
1.7 	COLLEGE.
 1.8 		Subdivision 1.Appropriation. (a) $9,450,000 is appropriated from the bond 
1.9 	proceeds fund to the Board of Trustees of the Minnesota State Colleges and Universities 
1.10 	for capital projects at Bemidji State University as specified in this subdivision.
1.11 	(b) $3,500,000 is for the purposes specified in Minnesota Statutes, section 135A.046, 
1.12 	including safety and statutory compliance, building envelope integrity, mechanical 
1.13 	systems, and space restoration.
1.14 	(c) $550,000 is for renovation of psychology classroom and science lab space 
1.15 	renovation.
1.16 	(d) $3,400,000 is for demolition of three buildings and design of an addition to 
1.17 	the business school.
1.18 	(e) $2,000,000 is for acquisition of land, to acquire the site of Bemidji's old high 
1.19 	school and maintenance facility.
1.20 		Subd. 2.Appropriation. $550,000 is appropriated from the bond proceeds fund 
1.21 	to the Board of Trustees of the Minnesota State Colleges and Universities to renovate 
1.22 	9,955 square feet of space to complete Phase 3 of the industrial technology renovation at 
1.23 	Northwest Technical College at Bemidji.
2.1 		Subd. 3.Bond sale. To provide the money appropriated in this section from the 
2.2 	bond proceeds fund, the commissioner of management and budget shall sell and issue 
2.3 	bonds of the state in an amount up to $10,000,000 in the manner, upon the terms, and with 
2.4 	the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the 
2.5 	Minnesota Constitution, article XI, sections 4 to 7.

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