1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for an extension of the 
1.3 	Beaver Island Trail; authorizing the sale and issuance of state bonds.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. BEAVER ISLAND TRAIL.
 1.6 		Subdivision 1.Appropriation. $816,000 is appropriated from the bond proceeds 
1.7 	fund to the commissioner of natural resources for a grant to Stearns County as a member 
1.8 	of the Central Minnesota Regional Parks and Trails Coordination Board to design and 
1.9 	construct the 4.5 miles of the Beaver Island Trail from Opportunity Park in St. Cloud to 
1.10 	the Clearwater River with connections to the River Country Trail of Clearwater. No 
1.11 	local match is required.
1.12 		Subd. 2.Bond sale. To provide the money appropriated in this section from the 
1.13 	bond proceeds fund, the commissioner of management and budget shall sell and issue 
1.14 	bonds of the state in an amount up to $816,000 in the manner, upon the terms, and with 
1.15 	the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the 
1.16 	Minnesota Constitution, article XI, sections 4 to 7.

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