1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for capital improvements to 
1.3 	the Falls International Airport; authorizing the issuance of state bonds.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. FALLS INTERNATIONAL AIRPORT IMPROVEMENTS.
 1.6 		Subdivision 1.Appropriation. (a) $3,000,000 is appropriated from the bond 
1.7 	proceeds fund to the Department of Transportation for a grant to the International Falls 
1.8 	Koochiching County Airport Commission for the following improvements to the Falls 
1.9 	International Airport:
1.10 	(1) demolition of the existing terminal building; 
1.11 	(2) rehabilitation;
1.12 	(3) site preparation, including utilities and civil work;
1.13 	(4) design, construction, furnishing, and equipping Phase II of the new terminal 
1.14 	building, including a Transportation Safety Administration office, weather office, 
1.15 	conference room, circulation corridor, airport administration offices, customs and border 
1.16 	patrol storage rooms, offices, restrooms, passenger-processing area, wet-hold room, 
1.17 	interview room, search room, precustoms and postcustoms passenger waiting areas, and 
1.18 	vestibule; and 
1.19 	(5) associated appurtenances of a capital nature.
1.20 	(b) After completion of the improvements under paragraph (a), any unspent money 
1.21 	from this grant may be used by the International Falls Koochiching County Airport 
1.22 	Commission for a commercial airline apron expansion project at the Falls International 
1.23 	Airport.
1.24 	(c) This appropriation does not require a nonstate contribution or match.
2.1 		Subd. 2.Bond sale.  To provide the money appropriated in this section from the 
2.2 	bond proceeds fund, the commissioner of management and budget shall sell and issue 
2.3 	bonds of the state in an amount up to $3,000,000 in the manner, upon the terms, and with 
2.4 	the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the 
2.5 	Minnesota Constitution, article XI, sections 4 to 7.

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