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

1.7 	Section 1. CITY OF BLOOMING PRAIRIE, SANITARY AND STORM SEWER 
1.8 	IMPROVEMENTS.
 1.9 		Subdivision 1.Appropriation. $1,021,000 is appropriated from the bond proceeds 
1.10 	fund to the commissioner of employment and economic development for a grant to the 
1.11 	city of Blooming Prairie to predesign, design, construct, and equip the Third Street North 
1.12 	sanitary and storm sewer improvements. This appropriation is not available until the 
1.13 	commissioner of finance determines that at least an equal amount has been committed to 
1.14 	the project from nonstate sources.
1.15 		Subd. 2.Bond sale. To provide the money appropriated in subdivision 1 from 
1.16 	the bond proceeds fund, the commissioner of finance shall sell and issue bonds of the 
1.17 	state in an amount up to $1,021,000 in the manner, upon the terms, and with the effect 
1.18 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.19 	Constitution, article XI, sections 4 to 7.

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