1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for a pedestrian and bike 
1.3 	tunnel in the city of Minnetonka Beach; authorizing the sale and issuance of 
1.4 	state bonds.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. MINNETONKA BEACH; PEDESTRIAN AND BIKE TUNNEL.
 1.7 		Subdivision 1.Appropriation. $344,000 is appropriated from the bond proceeds 
1.8 	fund to the Metropolitan Council for a grant to the city of Minnetonka Beach to construct 
1.9 	a pedestrian and bicycle tunnel under Hennepin County State-Aid Highway 15 that would 
1.10 	link an existing city trail with the Dakota Rail Regional Trail.
1.11 		Subd. 2.Bond sale. To provide the money appropriated in this section from the 
1.12 	bond proceeds fund, the commissioner of management and budget shall sell and issue 
1.13 	bonds of the state in an amount up to $344,000 in the manner, upon the terms, and with 
1.14 	the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the 
1.15 	Minnesota Constitution, article XI, sections 4 to 7.

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