1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for rehabilitation of the Willard 
1.3 	Munger state trail; 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. WILLARD MUNGER STATE TRAIL.
 1.6 		Subdivision 1.Appropriation. $5,250,000 is appropriated from the bond proceeds fund 
1.7 	to the commissioner of natural resources to design and construct improvements necessary 
1.8 	for rehabilitation of the Willard Munger state trail system under Minnesota Statutes, section 
1.9 	85.015, subdivision 14, between the cities of Hinckley and Finlayson in Pine County.
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 $5,250,000 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.