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

1.5    Section 1. ITASCA COMMUNITY COLLEGE.
1.6    Subdivision 1. Appropriation. $1,596,000 is appropriated from the bond proceeds
1.7fund to the Board of Trustees of the Minnesota State Colleges and Universities. Of this
1.8appropriation:
1.9(1) $631,000 is to predesign, design, construct, furnish, and equip the renovation of
1.10the biology lab in Wilson Hall; and
1.11(2) $965,000 is to design, acquire, and install a new woody biomass boiler system
1.12for a campus-wide heating system.
1.13    Subd. 2. Bond sale. To provide the money appropriated in this section from the
1.14bond proceeds fund, the commissioner of management and budget shall sell and issue
1.15bonds of the state in an amount up to $1,596,000 in the manner, upon the terms, and with
1.16the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.17Minnesota Constitution, article XI, sections 4 to 7.
1.18EFFECTIVE DATE.This section is effective the day following final enactment.