1.2relating to capital investment; appropriating money for capital improvements
1.3at the Northeast Regional Correctional Center (NERCC); authorizing the sale
1.4and issuance of state bonds.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6    Section 1. NORTHEAST REGIONAL CORRECTIONAL CENTER (NERCC).
1.7    Subdivision 1. Appropriation. $4,000,000 is appropriated from the bond proceeds
1.8fund to the commissioner of corrections for a grant to the Arrowhead Regional Corrections
1.9Joint Powers Board for asset preservation improvements and betterments of a capital
1.10nature at the Northeast Regional Correctional Center (NERCC).
1.11    Subd. 2. Bond sale. To provide the money appropriated in this section from the
1.12bond proceeds fund, the commissioner of management and budget shall sell and issue
1.13bonds of the state in an amount up to $4,000,000 in the manner, upon the terms, and with
1.14the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.15Minnesota Constitution, article XI, sections 4 to 7.
1.16EFFECTIVE DATE.This section is effective the day following final enactment.