1.1                          A bill for an act 
  1.2             relating to capital improvements; authorizing the sale 
  1.3             of state bonds; appropriating money for the Red Rock 
  1.4             rural water system for the southwest Minnesota 
  1.5             regional water project. 
  1.6   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.7      Section 1.  [APPROPRIATION.] 
  1.8      $125,000 is appropriated from the bond proceeds fund to the 
  1.9   Red Rock rural water system for the southwest Minnesota regional 
  1.10  water supply project to acquire land, predesign and design 
  1.11  costs, and construction and equipment.  The funding must be 
  1.12  matched by an equal amount of nonstate funds. 
  1.13     Sec. 2.  [BOND SALE.] 
  1.14     To provide the money appropriated in this act from the bond 
  1.15  proceeds fund, the commissioner of finance shall sell and issue 
  1.16  bonds of the state in an amount up to $125,000 in the manner, 
  1.17  upon the terms, and with the effect prescribed by Minnesota 
  1.18  Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
  1.19  Constitution, article XI, sections 4 to 7. 
  1.20     Sec. 3.  [EFFECTIVE DATE.] 
  1.21     Sections 1 and 2 are effective the day following final 
  1.22  enactment.