1.1 	A bill for an act
1.2 	relating to capital investment; authorizing the sale of state bonds; appropriating 
1.3 	money for new terminal facilities at the Duluth airport.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. DULUTH INTERNATIONAL AIRPORT FACILITIES.
 1.6 		Subdivision 1.Appropriation. $4,900,000 is appropriated from the bond proceeds 
1.7 	fund to the commissioner of transportation for a grant to the city of Duluth to predesign, 
1.8 	design, construct, furnish, and equip new terminal facilities at the Duluth International 
1.9 	Airport. This appropriation is not available until the commissioner of finance determines 
1.10 	that at least an equal amount is committed to the project from nonstate sources.
1.11 		Subd. 2.Bond sale. To provide the money appropriated by subdivision 1 from 
1.12 	the bond proceeds fund, the commissioner of finance shall sell and issue bonds of the 
1.13 	state in an amount up to $4,900,000 in the manner, upon the terms, and with the effect 
1.14 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.15 	Constitution, article XI, sections 4 to 7.

1.16 	Sec. 2. EFFECTIVE DATE.
 1.17 	Section 1 is effective the day following final enactment.