1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for capital improvements in 
1.3 	New Brighton; authorizing a grant for capital costs of environmental remediation 
1.4 	and installation of a gas collection system; authorizing the issuance of state 
1.5 	bonds.
1.6 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.7 	Section 1. APPROPRIATIONS; NEW BRIGHTON ENVIRONMENTAL 
1.8 	REMEDIATION AND GAS COLLECTION SYSTEM.
 1.9 		Subdivision 1.Appropriation. $6,000,000 is appropriated from the bond proceeds 
1.10 	fund to the commissioner of employment and economic development for a grant to the 
1.11 	city of New Brighton for capital costs of environmental remediation and installation of a 
1.12 	gas collection system on publicly owned land in the area described in Laws 1998, chapter 
1.13 	389, article 11, section 24, subdivision 1, commonly known as the northwest quadrant of 
1.14 	the city of New Brighton. 
1.15 		Subd. 2.Bond sale. To provide the money appropriated in subdivision 1 from 
1.16 	the bond proceeds fund, the commissioner of finance shall sell and issue bonds of the 
1.17 	state in an amount up to $6,000,000 in the manner, upon the terms, and with the effect 
1.18 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.19 	Constitution, article XI, sections 4 to 7.

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