1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for the infrastructure for the 
1.3 	wastewater system in the city of Palisade; authorizing the sale and issuance 
1.4 	of general obligation bonds.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. APPROPRIATION; ANNEXATION INFRASTRUCTURE FOR 
1.7 	EXISTING WASTEWATER SYSTEM.
 1.8 	$830,000 is appropriated from the bond proceeds fund to the commissioner of 
1.9 	employment and economic development for a grant to the city of Palisade for annexation 
1.10 	infrastructure for the existing wastewater system. Grant money may be used to predesign, 
1.11 	design, construct, furnish, and equip the infrastructure.

1.12 	Sec. 2. BOND AUTHORIZATION.
 1.13 	To provide the money appropriated in this act from the bond proceeds fund, the 
1.14 	commissioner of finance shall sell and issue bonds of the state in an amount up to 
1.15 	$830,000 in the manner, upon the terms, and with the effect prescribed by Minnesota 
1.16 	Statutes, sections 16A.631 to 16A.675, and by the Minnesota Constitution, article XI, 
1.17 	sections 4 to 7.