1.1 	A bill for an act
1.2 	relating to capital investment; authorizing the sale and issuance of state bonds; 
1.3 	appropriating money for the Minnesota Historical Society grants for local 
1.4 	historic preservation projects.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1.  SOUTHEASTERN MINNESOTA FLOOD AREA; HISTORIC 
1.7 	PRESERVATION GRANTS.
 1.8 		Subdivision 1.Appropriation. $1,000,000 is appropriated from the bond proceeds 
1.9 	fund to the Minnesota Historical Society for grants for historical preservation work in the 
1.10 	flood damaged area of southeastern Minnesota. Specifically, this appropriation is for 
1.11 	grants to the city of Hokah to renovate the Hokah City Hall building; the Houston County 
1.12 	Historical Society to renovate existing space and to predesign, design, and construct an 
1.13 	addition to the Houston County Historical Society building located in the city of Caledonia; 
1.14 	and the city of Chatfield to predesign, design, construct, furnish, and equip a community 
1.15 	center that will, among other uses, house the Chatfield Brass Band Music Lending Library.
1.16 		Subd. 2.Bond sale. To provide the money appropriated in subdivision 1 from 
1.17 	the bond proceeds fund, the commissioner of finance shall sell and issue bonds of the 
1.18 	state in an amount up to $1,000,000 in the manner, upon the terms, and with the effect 
1.19 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.20 	Constitution, article XI, sections 4 to 7.

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