1.1 	A bill for an act
1.2 	relating to capital improvements; authorizing issuance of state bonds; 
1.3 	appropriating money for road improvements in city of St. James.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. ST. JAMES ROAD IMPROVEMENTS.
 1.6 		Subdivision 1.Appropriation. $309,000 is appropriated from the bond proceeds 
1.7 	fund to the commissioner of transportation for a grant to the city of St. James to 
1.8 	reconstruct 15th Street as a heavy-duty commercial bituminous street.
1.9 	This appropriation is not available until the commissioner has determined that at 
1.10 	least an equal amount has been committed to the project from nonstate sources.
1.11 		Subd. 2.Bond sale. To provide the money appropriated in subdivision 1 from the 
1.12 	bond proceeds fund, the commissioner of finance shall sell and issue bonds of the state in 
1.13 	an amount up to $309,000 in the manner, upon the terms, and with the effect prescribed by 
1.14 	Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota Constitution, 
1.15 	article XI, sections 4 to 7.

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