1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for Phase 1 of the Merriam 
1.3 	Junction riverbank stabilization project in Scott County; 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. MERRIAM JUNCTION RIVERBANK STABILIZATION; SCOTT 
1.7 	COUNTY.
 1.8 		Subdivision 1.Appropriation. $7,500,000 is appropriated from the bond proceeds fund 
1.9 	to the commissioner of natural resources for a grant to Scott County to predesign, design, 
1.10 	construct, furnish, and equip Phase 1 of the Merriam Junction riverbank stabilization project. 
1.11 	This project includes the following components:
1.12 	(1) stabilize the Minnesota River riverbank along the former UP Rail Line from the city 
1.13 	of Carver to Merriam Junction in Scott County to reduce erosion and protect the adjacent 
1.14 	Minnesota State Trail and planned regional trail alignment;
1.15 	(2) stabilize the Minnesota River riverbank to protect historic Native American cultural 
1.16 	resources, public property, and natural resources, and improve water quality of the impaired 
1.17 	river segment;
1.18 	(3) Phase 1 bridge and trail infrastructure to support the future regional trail of the 
1.19 	Merriam Junction Trail extension of the Minnesota River Bluffs Regional Trail in Scott and 
1.20 	Carver Counties; and
2.1 	(4) install in-channel stream stabilization infrastructure in the unnamed stream of Gifford 
2.2 	Lake Minnesota River tributary to reduce erosion and improve water quality and floodplain 
2.3 	resiliency in the Lower Minnesota River watershed.
2.4 		Subd. 2.Bond sale. To provide the money appropriated in this section from the bond 
2.5 	proceeds fund, the commissioner of management and budget shall sell and issue bonds of 
2.6 	the state in an amount up to $7,500,000 in the manner, upon the terms, and with the effect 
2.7 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
2.8 	Constitution, article XI, sections 4 to 7.

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