1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for a wastewater treatment 
1.3 	facility for Clear Lake and Clearwater; authorizing the issuance of state bonds.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. WASTEWATER TREATMENT FACILITY; CLEAR LAKE AND 
1.6 	CLEARWATER.
 1.7 		Subdivision 1.Appropriation. $1,200,000 is appropriated from the bond 
1.8 	proceeds fund to the Public Facilities Authority for a grant to the Clear Lake-Clearwater 
1.9 	Sewer Authority to remove and replace the existing wastewater treatment facility. 
1.10 	This appropriation is not available until the commissioner of management and budget 
1.11 	determines that at least $200,000 is committed to the project from nonstate sources and 
1.12 	the authority has applied for at least two grants to offset the cost. Any money received by 
1.13 	the authority from grants will be returned to the general fund. This appropriation is not 
1.14 	available until at least an equal amount is committed from nonstate sources.
1.15 		Subd. 2.Bond sale. To provide the money appropriated in this section from the 
1.16 	bond proceeds fund, the commissioner of management and budget shall sell and issue 
1.17 	bonds of the state in an amount up to $1,200,000 in the manner, upon the terms, and with 
1.18 	the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the 
1.19 	Minnesota Constitution, article XI, sections 4 to 7.

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