1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for Proctor spur trail; 
1.3 	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. LOCAL TRAIL CONNECTION; PROCTOR SPUR TRAIL.
 1.6 		Subdivision 1.Appropriation. $600,000 is appropriated from the bond proceeds 
1.7 	fund to the commissioner of natural resources for a grant to the city of Proctor under 
1.8 	Minnesota Statutes, section 85.019, subdivision 4c, to design, conduct environmental 
1.9 	review, acquire right-of-way, and construct a 3-1/2 mile paved trail from the Proctor 
1.10 	Regional Recreation Center through Spirit Mountain to the Munger Trail in Norton Park in 
1.11 	the city of Duluth. This appropriation is not available until the commissioner determines 
1.12 	that at least $2,400,000 is committed to the project from nonstate sources.
1.13 		Subd. 2.Bond sale. To provide the money appropriated in this section from the 
1.14 	bond proceeds fund, the commissioner of management and budget shall sell and issue 
1.15 	bonds of the state in an amount up to $600,000 in the manner, upon the terms, and with 
1.16 	the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the 
1.17 	Minnesota Constitution, article XI, sections 4 to 7.

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