1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for improvements to the Hoyt 
1.3 	Lakes Community Recreation and Wellness Center; 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. COMMUNITY RECREATION AND WELLNESS CENTER; HOYT 
1.7 	LAKES.
 1.8 		Subdivision 1.Appropriation. $1,500,000 is appropriated from the bond proceeds fund 
1.9 	to the commissioner of employment and economic development for a grant to the city of 
1.10 	Hoyt Lakes for improvements of a capital nature to the community recreation and wellness 
1.11 	center, including major projects to preserve or replace mechanical or electrical systems, 
1.12 	utility infrastructure, safety systems, and site renovations to support ongoing operations 
1.13 	including energy conservation and accessibility improvements. This appropriation is exempt 
1.14 	from the requirements under Minnesota Statutes, section 16A.86, subdivision 4.
1.15 		Subd. 2.Bond sale. To provide the money appropriated in this section from the bond 
1.16 	proceeds fund, the commissioner of management and budget shall sell and issue bonds of 
1.17 	the state in an amount up to $1,500,000 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.