1.1 	A bill for an act
1.2 	relating to capital investment; authorizing spending to acquire and better public 
1.3 	land and buildings and other improvements of a capital nature with certain 
1.4 	conditions; authorizing the sale of state bonds; appropriating money for graduate 
1.5 	housing on the campus of the Minnesota State Academies.
1.6 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.7 	Section 1. MINNESOTA STATE ACADEMIES; STUDENT HOUSING.
 1.8 		Subdivision 1.Appropriation. $400,000 is appropriated from the bond proceeds 
1.9 	fund to the commissioner of administration to construct, furnish, and equip a building on 
1.10 	campus of the Minnesota State Academy for the Blind to provide housing for students 18 
1.11 	to 21 years of age attending college classes or working, but who have not yet received 
1.12 	their high school diplomas and whose individual education plans are not yet completed.
1.13 		Subd. 2.Bond sale. To provide the money appropriated in subdivision 1 from the 
1.14 	bond proceeds fund, the commissioner of finance shall sell and issue bonds of the state in 
1.15 	an amount up to $400,000 in the manner, upon the terms, and with the effect prescribed by 
1.16 	Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota Constitution, 
1.17 	article XI, sections 4 to 7.

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