1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for a regional facility for 
1.3 	housing and senior nutrition services programs; authorizing the sale and issuance 
1.4 	of state bonds.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. HIBBING; REGIONAL HOUSING AND SENIOR NUTRITION 
1.7 	SERVICES FACILITY.
 1.8 		Subdivision 1.Appropriation. $7,000,000 is appropriated from the bond proceeds fund 
1.9 	to the commissioner of employment and economic development for a grant to the city of 
1.10 	Hibbing to acquire property for and to predesign, design, construct, renovate, furnish, and 
1.11 	equip a regional housing and senior nutrition services facility in the city of Hibbing to serve 
1.12 	low-income and disadvantaged individuals and seniors in the northeast region of Minnesota. 
1.13 	The city of Hibbing may enter into a lease or management agreement for the programming 
1.14 	in the facility, subject to Minnesota Statutes, section 16A.695.
1.15 		Subd. 2.Bond sale. To provide the money appropriated in this section from the bond 
1.16 	proceeds fund, the commissioner of management and budget shall sell and issue bonds of 
1.17 	the state in an amount up to $7,000,000 in the manner, upon the terms, and with the effect 
1.18 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.19 	Constitution, article XI, sections 4 to 7.

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