1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for electrical improvements 
1.3 	at the Steele County Fairgrounds; 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. ELECTRICAL IMPROVEMENTS; STEELE COUNTY FAIRGROUNDS.
 1.6 		Subdivision 1.Appropriation. $750,000 is appropriated from the bond proceeds fund 
1.7 	to the commissioner of employment and economic development for a grant to Steele County 
1.8 	to construct underground electrical infrastructure at the Steele County Fairgrounds. This 
1.9 	appropriation does not require a nonstate match.
1.10 		Subd. 2.Bond sale. To provide the money appropriated in this section from the bond 
1.11 	proceeds fund, the commissioner of management and budget shall sell and issue bonds of 
1.12 	the state in an amount up to $750,000 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.