1.1 	A bill for an act
1.2 	relating to capital improvements; appropriating money for Stillwater flood 
1.3 	control; 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. APPROPRIATION.
 1.6 	$625,000 is appropriated from the bond proceeds fund to the commissioner of 
1.7 	natural resources for a grant under Minnesota Statutes, section 103F.161, to the city of 
1.8 	Stillwater to predesign, design, and begin construction of Phase III of the Stillwater flood 
1.9 	control project, including flood control structures and pumping stations.
1.10 	The appropriation is not available until the commissioner determines that $2,000,000 
1.11 	has been committed to the project from nonstate sources.

1.12 	Sec. 2. BOND SALE.
 1.13 	To provide the money appropriated in section 1 from the bond proceeds fund, 
1.14 	the commissioner of finance shall sell and issue bonds of the state in an amount up to 
1.15 	$625,000 in the manner, upon the terms, and with the effect prescribed by Minnesota 
1.16 	Statutes, sections 16A.631 to 16A.675, and by the Minnesota Constitution, article XI, 
1.17 	sections 4 to 7.

1.18 	Sec. 3. EFFECTIVE DATE.
 1.19 	Sections 1 and 2 are effective the day following final enactment.