1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for waterfront revitalization 
1.3 	in the city of Ranier; authorizing the sale and issuance of state bonds.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. RANIER; WATERFRONT REVITALIZATION.
 1.6 		Subdivision 1.Appropriation. $800,000 is appropriated from the bond proceeds fund 
1.7 	to the commissioner of natural resources for a grant to the city of Ranier to predesign, design, 
1.8 	engineer, construct, furnish, and equip the expansion of the public dock on Rainy Lake to 
1.9 	create a transient boat marina, and the relocation of the public access boat ramp, trailer 
1.10 	parking area, and boat wash station to remove invasive species. The project includes 
1.11 	providing ADA-compliant spaces in the vehicle and trailer parking area, power pedestals 
1.12 	for boats, sanitary pump-out, and pedestal lighting. This appropriation is available when 
1.13 	the commissioner of management and budget determines that sufficient resources have been 
1.14 	committed to complete the project, as required by Minnesota Statutes, section 16A.502.
1.15 		Subd. 2.Bond sale. To provide the money appropriated in this section from the bond 
1.16 	proceeds fund, the commissioner of management and budget shall sell and issue bonds of 
1.17 	the state in an amount up to $800,000 in the manner, upon the terms, and with the effect 
1.18 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.19 	Constitution, article XI, sections 4 to 7.

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