1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for infrastructure improvements 
1.3 	along Center Avenue in the city of Madelia; 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. MADELIA; CENTER AVENUE IMPROVEMENTS AND 
1.7 	RECONSTRUCTION.
 1.8 		Subdivision 1.Appropriation. $10,300,000 is appropriated from the bond proceeds 
1.9 	account in the state transportation fund to the commissioner of transportation for a grant to 
1.10 	the city of Madelia for infrastructure improvements in the Center Avenue corridor. This 
1.11 	project includes the predesign, design, engineering, construction, and installation of water, 
1.12 	sewer, and storm sewer improvements, including removal and replacement of infrastructure, 
1.13 	and the associated reconstruction and renovation of Center Avenue.
1.14 		Subd. 2.Bond sale. To provide the money appropriated in this section from the bond 
1.15 	proceeds account in the state transportation fund, the commissioner of management and 
1.16 	budget shall sell and issue bonds of the state in an amount up to $10,300,000 in the manner, 
1.17 	upon the terms, and with the effect prescribed by Minnesota Statutes, sections 16A.631 to 
1.18 	16A.675, and by the Minnesota Constitution, article XI, sections 4 to 7.

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