1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for a gravity sewer flow system 
1.3 	and other infrastructure in New Ulm; 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. NEW ULM; GRAVITY SEWER FLOW SYSTEM.
 1.7 		Subdivision 1.Appropriation. $4,021,000 is appropriated from the bond proceeds fund 
1.8 	to the Public Facilities Authority for a grant to the city of New Ulm to design, construct, 
1.9 	and equip capital improvements necessary for completion of a gravity sewer flow system, 
1.10 	replacement of water main, removal of a lift station, and replacement of impacted surface 
1.11 	amenities.
1.12 		Subd. 2.Bond sale. To provide the money appropriated in this section from the bond 
1.13 	proceeds fund, the commissioner of management and budget shall sell and issue bonds of 
1.14 	the state in an amount up to $4,021,000 in the manner, upon the terms, and with the effect 
1.15 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.16 	Constitution, article XI, sections 4 to 7.

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