1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for the St. James open pit mine 
1.3 	flood mitigation project; 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. ST. JAMES OPEN PIT MINE.
 1.6 		Subdivision 1.Appropriation. (a) $2,500,000 is appropriated from the bond proceeds 
1.7 	fund to the commissioner of natural resources for the acquisition of land or easements and 
1.8 	for permitting and construction of publicly owned infrastructure to mitigate the imminent 
1.9 	threat to public safety, property, and regional water quality from the rising water at the St. 
1.10 	James open pit mine complex. This appropriation is exempt from the requirements under 
1.11 	Minnesota Statutes, section 16A.86, subdivision 4.
1.12 	(b) Upon substantial completion of the project authorized in this section and after written 
1.13 	notice to the commissioner of management and budget, the commissioner of natural resources 
1.14 	may use any money remaining in this appropriation to design, engineer, and construct 
1.15 	drinking water infrastructure as part of the Aurora and Town of White drinking water system.
1.16 		Subd. 2.Bond sale. To provide the money appropriated in this section from the bond 
1.17 	proceeds fund, the commissioner of management and budget shall sell and issue bonds of 
1.18 	the state in an amount up to $2,500,000 in the manner, upon the terms, and with the effect 
1.19 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.20 	Constitution, article XI, sections 4 to 7.

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