1.1 	A bill for an act
1.2 	relating to capital improvements; providing for a
1.3 	grant to the city of St. Paul to acquire land for and
1.4 	remediate contamination in the Pierce Butler Corridor;
1.5 	authorizing issuance of bonds; appropriating money.
1.6 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.7 	Section 1. APPROPRIATION.
 1.8 	$10,000,000 is appropriated from the bond proceeds fund to
1.9 	the commissioner of employment and economic development for a
1.10 	grant to the city of St. Paul to acquire land for right-of-way
1.11 	and to complete contamination remediation on Pierce Butler
1.12 	between Interstate Highway I-35E and Lexington Parkway.  This
1.13 	appropriation is not available until at least an equal amount of
1.14 	nonstate money has been committed to the project.

1.15 	Sec. 2. BOND SALE.
 1.16 	To provide the money appropriated in section 1 from the
1.17 	bond proceeds fund, the commissioner of finance shall sell and
1.18 	issue bonds of the state in an amount up to $10,000,000 in the
1.19 	manner, on the terms, and with the effect prescribed by
1.20 	Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.21 	Minnesota Constitution, article XI, sections 4 to 7.

1.22 	Sec. 3. EFFECTIVE DATE.
 1.23 	Sections 1 and 2 are effective the day following final
1.24 	enactment.