1.1 	A bill for an act
1.2 	relating to capital investment; authorizing spending to acquire and better 
1.3 	public land and buildings and other public improvements of a capital nature; 
1.4 	appropriating money for the Bemidji Regional Events Center; authorizing the 
1.5 	issuance of general obligation bonds.
1.6 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.7 	Section 1. APPROPRIATION; BEMIDJI REGIONAL EVENTS CENTER.
 1.8 	$3,000,000 is appropriated from the bond proceeds fund to the commissioner of 
1.9 	employment and economic development for a grant to the city of Bemidji for predesign, 
1.10 	design, and site development of a regional event center.

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

1.17 	Sec. 3. EFFECTIVE DATE.
 1.18 	Sections 1 and 2 are effective the day following final enactment.