1.1                          A bill for an act 
  1.2             relating to capital investment; providing a grant to 
  1.3             the Minnesota State Academies for asset preservation, 
  1.4             safety improvements, and phase two of the Noyes Hall 
  1.5             west wing renovation; authorizing sale of state bonds; 
  1.6             appropriating money. 
  1.7   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.8      Section 1.  [APPROPRIATION.] 
  1.9      $7,321,000 is appropriated from the bond proceeds fund to 
  1.10  the commissioner of education for a grant to the Minnesota State 
  1.11  Academies for asset preservation, safety improvements, and phase 
  1.12  two of the Noyes Hall west wing renovation. 
  1.13     Sec. 2.  [BOND SALE.] 
  1.14     To provide the money appropriated in section 1 from the 
  1.15  bond proceeds fund, the commissioner of finance shall sell and 
  1.16  issue bonds of the state in an amount up to $7,321,000 in the 
  1.17  manner, upon the terms, and with the effect prescribed by 
  1.18  Minnesota Statutes, sections 16A.631 to 16A.675, and by the 
  1.19  Minnesota Constitution, article XI, sections 4 to 7. 
  1.20     Sec. 3.  [EFFECTIVE DATE.] 
  1.21     This act is effective the day following final enactment.