1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for South St. Paul infrastructure 
1.3 	in the Concord Street corridor; 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. SOUTH ST. PAUL; CONCORD STREET PUBLIC UTILITIES.
 1.6 		Subdivision 1.Appropriation. $4,400,000 is appropriated from the bond proceeds fund 
1.7 	to the Public Facilities Authority for a grant to the city of South St. Paul to predesign, design, 
1.8 	construct, and install sanitary sewer, water main, and storm sewer improvements, including 
1.9 	removal of replaced infrastructure as necessary, in the Concord Street corridor in conjunction 
1.10 	with the reconstruction and renovation of the street. This appropriation does not require a 
1.11 	nonstate contribution.
1.12 		Subd. 2.Bond sale. To provide the money appropriated in this section from the bond 
1.13 	proceeds fund, the commissioner of management and budget shall sell and issue bonds of 
1.14 	the state in an amount up to $4,400,000 in the manner, upon the terms, and with the effect 
1.15 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.16 	Constitution, article XI, sections 4 to 7.

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