1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for public infrastructure in the 
1.3 	city of Cook; 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. COOK; PUBLIC INFRASTRUCTURE.
 1.6 		Subdivision 1.Appropriations. (a) $3,700,000 is appropriated from the bond proceeds 
1.7 	fund to the Public Facilities Authority for one or more grants to the city of Cook for 
1.8 	improvements and betterments of a capital nature as described in this section.
1.9 	(b) $1,500,000 of this appropriation is to predesign, design, engineer, and construct 
1.10 	improvements to the city's inflow and infiltration collection system and to rehabilitate the 
1.11 	city's wastewater treatment pond system.
1.12 	(c) $2,200,000 of this appropriation is to predesign, design, engineer, and construct water 
1.13 	and sewer line infrastructure associated with the city's North Business Park looping project.
1.14 	(d) Any unspent portion of this appropriation remaining after completion of a project 
1.15 	described in this subdivision, after written notice to the commissioner of management and 
1.16 	budget, is available for the purposes of this subdivision.
1.17 		Subd. 2.Bond sale. To provide the money appropriated in this section from the bond 
1.18 	proceeds fund, the commissioner of management and budget shall sell and issue bonds of 
1.19 	the state in an amount up to $3,700,000 in the manner, upon the terms, and with the effect 
1.20 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.21 	Constitution, article XI, sections 4 to 7.

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