1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for a grant or a loan to the city 
1.3 	of Two Harbors for a new wastewater treatment plant; authorizing the sale and 
1.4 	issuance of state bonds.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. TWO HARBORS; NEW WASTEWATER TREATMENT PLANT.
 1.7 		Subdivision 1.Appropriation. $17,000,000 is appropriated from the bond proceeds 
1.8 	fund to the Public Facilities Authority for a grant or a loan to the city of Two Harbors to 
1.9 	acquire land for, and to predesign, design, construct, furnish, and equip a new wastewater 
1.10 	treatment plant.
1.11 		Subd. 2.Bond sale. To provide the money appropriated in this section from the bond 
1.12 	proceeds fund, the commissioner of management and budget shall sell and issue bonds of 
1.13 	the state in an amount up to $17,000,000 in the manner, upon the terms, and with the effect 
1.14 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.15 	Constitution, article XI, sections 4 to 7.

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