1.1 	A bill for an act
1.2 	relating to capital investment; authorizing the
1.3 	issuance of state bonds; appropriating money for
1.4 	capital improvements at South Central Technical
1.5 	College.
1.6 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.7 	Section 1. APPROPRIATION; SOUTH CENTRAL TECHNICAL
1.8 	COLLEGE.
 1.9 	$812,000 is appropriated from the bond proceeds fund to the
1.10 	Board of Trustees of the Minnesota State Colleges and
1.11 	Universities for capital improvements at South Central Technical
1.12 	College.  This appropriation is for asset preservation at the
1.13 	Faribault campus, including fire sprinkling, tuck pointing, and
1.14 	window replacement.

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 $812,000 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.