1.1 	A bill for an act
1.2 	relating to capital improvements; authorizing the issuance and sale of state bonds 
1.3 	for University of Minnesota asset preservation and replacement; appropriating 
1.4 	money.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. APPROPRIATION; UNIVERSITY OF MINNESOTA HEAPR.
 1.7 	$22,000,000 is appropriated from the bond proceeds fund to the Board of Regents of 
1.8 	the University of Minnesota for the purposes of higher education asset preservation and 
1.9 	replacement under Minnesota Statutes, section 135A.046.

1.10 	Sec. 2. BOND SALE.
 1.11 	To provide the money appropriated in section 1 from the bond proceeds fund, 
1.12 	the commissioner of finance shall sell and issue bonds of the state in an amount up to 
1.13 	$22,000,000 in the manner, upon the terms, and with the effect prescribed by Minnesota 
1.14 	Statutes, sections 16A.631 to 16A.675, and by the Minnesota Constitution, article XI, 
1.15 	sections 4 to 7.

1.16 	Sec. 3. EFFECTIVE DATE.
 1.17 	Sections 1 and 2 are effective the day following final enactment.