1.1 	A bill for an act
1.2 	relating to capital improvements; authorizing state
1.3 	bonds; appropriating money for the East Phillips
1.4 	Cultural and Community Center.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. APPROPRIATION.
 1.7 	$3,500,000 is appropriated from the bond proceeds fund to
1.8 	the commissioner of employment and economic development to make
1.9 	a grant to the Minneapolis Park and Recreation Board to design,
1.10 	construct, furnish, and equip a new cultural and community
1.11 	center in the East Phillips neighborhood in Minneapolis.

1.12 	Sec. 2. BOND SALE.
 1.13 	To provide the money appropriated by section 1 from the
1.14 	bond proceeds fund, the commissioner of finance shall sell and
1.15 	issue bonds of the state in an amount up to $3,500,000 in the
1.16 	manner, on the terms, and with the effect prescribed by
1.17 	Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.18 	Minnesota Constitution, article XI, sections 4 to 7.

1.19 	Sec. 3. EFFECTIVE DATE.
 1.20 	This act is effective the day following final enactment.