1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for a bridge in the city of 
1.3 	Fairmont; 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. FAIRMONT BRIDGE.
 1.6 		Subdivision 1.Appropriation. $1,000,000 is appropriated from the bond proceeds 
1.7 	fund to the commissioner of transportation for a grant to the city of Fairmont to demolish 
1.8 	the existing bridge and to design and construct a new bridge over the channel between 
1.9 	Budd Lake and Hall Lake, on West Lair Road in Gomsrud Park.
1.10 	This appropriation is not available until the commissioner determines $1,500,000 
1.11 	has been committed to the project from nonstate sources.
1.12 		Subd. 2.Bond sale. To provide the money appropriated in this section from the 
1.13 	bond proceeds fund, the commissioner of management and budget shall sell and issue 
1.14 	bonds of the state in an amount up to $1,000,000 in the manner, upon the terms, and with 
1.15 	the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the 
1.16 	Minnesota Constitution, article XI, sections 4 to 7.

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