1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for a playwrights center facility; 
1.3 	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. ST. PAUL - PLAYWRIGHTS CENTER FACILITY.
 1.6 		Subdivision 1.Appropriation. $4,000,000 is appropriated from the bond proceeds fund 
1.7 	to the commissioner of employment and economic development for a grant to the city of 
1.8 	St. Paul to predesign, design, renovate, construct, furnish, and equip a playwrights center 
1.9 	facility in St. Paul for use as a comprehensive play development program and workshop 
1.10 	facility. This appropriation may be used to acquire property for these purposes. The city of 
1.11 	St. Paul may enter into a lease or management agreement with a nonprofit corporation for 
1.12 	this facility under Minnesota Statutes, section 16A.695.
1.13 		Subd. 2.Bond sale. To provide the money appropriated in this section from the bond 
1.14 	proceeds fund, the commissioner of management and budget shall sell and issue bonds of 
1.15 	the state in an amount up to $4,000,000 in the manner, upon the terms, and with the effect 
1.16 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.17 	Constitution, article XI, sections 4 to 7.

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