1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money to build the Burnsville 
1.3 	Performing Arts Center; authorizing the issuance of general obligation bonds.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. BURNSVILLE PERFORMING ARTS CENTER.
 1.6 		Subdivision 1.Appropriation. $10,000,000 is appropriated from the bond proceeds 
1.7 	fund to the commissioner of employment and economic development for a grant to the 
1.8 	city of Burnsville to design, construct, furnish, and equip the Burnsville Performing Arts 
1.9 	Center. This appropriation is not available until the commissioner of finance determines 
1.10 	that at least $15,000,000 has been committed to the project from nonstate sources.
1.11 		Subd. 2.Bond sale. To provide the money appropriated by subdivision 1 from 
1.12 	the bond proceeds fund, the commissioner of finance shall sell and issue bonds of the 
1.13 	state in an amount up to $10,000,000 in the manner, upon the terms, and with the effect 
1.14 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.15 	Constitution, article XI, sections 4 to 7.

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