1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for a new drinking water system 
1.3 	to serve the East Range Water System and its member communities; authorizing 
1.4 	the sale and issuance of state bonds.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. EAST RANGE WATER SYSTEM; DRINKING WATER SYSTEM.
 1.7 		Subdivision 1.Appropriation. $5,000,000 is appropriated from the bond proceeds fund 
1.8 	to the Public Facilities Authority for a grant to the East Range Water Board to acquire 
1.9 	property for and to construct, furnish, and equip a new drinking water system to serve the  
1.10 	East Range Water System and its member communities.
1.11 		Subd. 2.Bond sale. To provide the money appropriated in this section from the bond 
1.12 	proceeds fund, the commissioner of management and budget shall sell and issue bonds of 
1.13 	the state in an amount up to $5,000,000 in the manner, upon the terms, and with the effect 
1.14 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.15 	Constitution, article XI, sections 4 to 7.

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