1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for asset preservation and 
1.3 	predesign work at the Perpich Center for Arts Education; 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. PERPICH CENTER FOR ARTS EDUCATION.
 1.7 		Subdivision 1.Appropriation. (a) $4,000,000 is appropriated from the bond 
1.8 	proceeds fund to the commissioner of administration for capital asset preservation 
1.9 	improvements and betterments at the Perpich Center for Arts Education, to be spent in 
1.10 	accordance with Minnesota Statutes, section 16B.307.
1.11 	(b) $100,000 is appropriated from the bond proceeds fund to the commissioner of 
1.12 	administration to predesign an auditorium expansion to accommodate the full student 
1.13 	body and faculty, a lobby expansion and renovation to address security, restroom needs 
1.14 	and accessibility issues, a new library building, remodeling of food service cafeteria, 
1.15 	and HVAC updates.
1.16 		Subd. 2.Bond sale. To provide the money appropriated in this section from the 
1.17 	bond proceeds fund, the commissioner of management and budget shall sell and issue 
1.18 	bonds of the state in an amount up to $4,100,000 in the manner, upon the terms, and with 
1.19 	the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the 
1.20 	Minnesota Constitution, article XI, sections 4 to 7.

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