1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for renovation of Glensheen, 
1.3 	the historic Congdon estate in Duluth; 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. GLENSHEEN MANSION RENOVATION.
 1.7 		Subdivision 1.Appropriation. $8,000,000 is appropriated from the bond proceeds fund 
1.8 	to the Board of Regents of the University of Minnesota to predesign, design, construct, 
1.9 	furnish, and equip the renovation of Glensheen, the historic Congdon estate in Duluth. This 
1.10 	appropriation is for critical structural repairs and renovation of the south formal terrace 
1.11 	garden and walls, the boat house, and the east kitchen porch and exterior stair of the manor 
1.12 	house, and to reconstruct the pier and break water.
1.13 		Subd. 2.Bond sale. To provide the money appropriated in this section from the bond 
1.14 	proceeds fund, the commissioner of management and budget shall sell and issue bonds of 
1.15 	the state in an amount up to $8,000,000 in the manner, upon the terms, and with the effect 
1.16 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.17 	Constitution, article XI, sections 4 to 7.

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