1.1 	A bill for an act
1.2 	relating to capital improvements; appropriating money
1.3 	for water level control in mine pits; authorizing
1.4 	state bonds.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. APPROPRIATION.
 1.7 	$5,000,000 is appropriated from the bond proceeds fund to
1.8 	the commissioner of natural resources for a grant to the Western
1.9 	Mesabi Mine Planning Board for permitting, engineering, land
1.10 	acquisition, physical construction, and related expenses of a
1.11 	system to control the water level in the Canisteo group of mine
1.12 	pits, to regulate the outflow of the pit's fresh water into and
1.13 	out of Trout Lake, and for relocation of the railroad in the
1.14 	city of Bovey and western Itasca County.

1.15 	Sec. 2. BOND SALE.
 1.16 	To provide the money appropriated in this act from the bond
1.17 	proceeds fund, the commissioner of finance shall sell and issue
1.18 	bonds of the state in an amount up to $5,000,000 in the manner,
1.19 	upon the terms, and with the effect prescribed in Minnesota
1.20 	Statutes, sections 16A.631 to 16A.675, and by the Minnesota
1.21 	Constitution, article XI, sections 4 to 7.

1.22 	Sec. 3. EFFECTIVE DATE.
 1.23 	This act is effective the day following final enactment.