1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for water, sewer, and utility 
1.3 	improvements in the city of Babbitt; authorizing the sale and issuance of state 
1.4 	bonds.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. BABBITT; WATER, SEWER, AND UTILITY IMPROVEMENTS.
 1.7 		Subdivision 1.Appropriation. $2,000,000 is appropriated from the bond proceeds fund 
1.8 	to the Public Facilities Authority for a grant to the city of Babbitt to predesign, design, 
1.9 	construct, and equip extensions of clean water, sanitary sewer, storm sewer, and utilities 
1.10 	throughout the city. This appropriation also includes money for a new lift station, electrical 
1.11 	and lighting infrastructure, and street construction and reconstruction for the West 
1.12 	Development Housing Project. This appropriation does not require a nonstate match.
1.13 		Subd. 2.Bond sale. To provide the money appropriated in this section from the bond 
1.14 	proceeds fund, the commissioner of management and budget shall sell and issue bonds of 
1.15 	the state in an amount up to $2,000,000 in the manner, upon the terms, and with the effect 
1.16 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.17 	Constitution, article XI, sections 4 to 7.

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