1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for asset preservation of the 
1.3 	Central Square Center in Glenwood; 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. GLENWOOD; CENTRAL SQUARE CENTER.
 1.7 		Subdivision 1.Appropriation. $250,000 is appropriated from the bond proceeds fund 
1.8 	to the commissioner of employment and economic development for a grant to the city of 
1.9 	Glenwood for roof repair and other asset preservation improvements to the Central Square 
1.10 	Cultural and Civic Center. The city may enter into a lease or management agreement under 
1.11 	Minnesota Statutes, section 16A.695, for operation of the center.
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 $250,000 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.