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 a grant to the city of Fountain.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. WASTEWATER INFRASTRUCTURE GRANT; FOUNTAIN.
 1.7 		Subdivision 1.Appropriation. $1,239,000 is appropriated from the bond proceeds 
1.8 	fund to the Public Facilities Authority for a grant to the city of Fountain to expand and 
1.9 	improve the existing sanitary sewer system.
1.10 		Subd. 2.Bond sale. To provide the money appropriated in subdivision 1 from 
1.11 	the bond proceeds fund, the commissioner of finance shall sell and issue bonds of the 
1.12 	state in an amount up to $1,239,000 in the manner, upon the terms, and with the effect 
1.13 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.14 	Constitution, article XI, sections 4 to 7.

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