1.1 	A bill for an act
1.2 	relating to capital investment; authorizing spending to acquire and better public 
1.3 	land and buildings and other improvements of a capital nature; authorizing the 
1.4 	issuance of state bonds; appropriating money for the city of Thief River Falls' 
1.5 	multievents complex phase II, aquatic center.
1.6 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.7 	Section 1. CITY OF THIEF RIVER FALLS, MULTIEVENTS COMPLEX 
1.8 	PHASE II, AQUATIC CENTER.
 1.9 		Subdivision 1.Appropriation. $2,415,000 is appropriated from the bond proceeds 
1.10 	fund to the commissioner of employment and economic development for a grant to the city 
1.11 	of Thief River Falls to predesign, design, construct, furnish, and equip an aquatic center as 
1.12 	phase II of the regional multievent center complex that is under the direction of the joint 
1.13 	powers board consisting of the city of Thief River Falls, Pennington County, independent 
1.14 	school district No. 564, and Northland Community and Technical College. The aquatic 
1.15 	center will be located on the campus of the Northland Community and Technical College. 
1.16 	This appropriation is not available until the commissioner of finance determines that at 
1.17 	least $275,000 is committed to the project from nonstate resources.
1.18 		Subd. 2.Bond sale. To provide the money appropriated by subdivision 1 from the 
1.19 	bond proceeds fund, the commissioner of finance shall sell and issue bonds of the state in 
1.20 	an amount up to $2,415,000 in the manner, on the terms, and with the effect prescribed by 
1.21 	Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota Constitution, 
1.22 	article XI, sections 4 to 7.

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