1.1 	A bill for an act
1.2 	relating to capital improvements; authorizing spending to acquire and better 
1.3 	public land and buildings and other public improvements of a capital nature; 
1.4 	authorizing the issuance of general obligation bonds; appropriating money for a 
1.5 	grant to the city of Faribault for local road improvements.
1.6 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.7 	Section 1. APPROPRIATION; FARIBAULT; LOCAL ROAD IMPROVEMENTS.
 1.8 	$1,800,000 is appropriated from the bond proceeds fund to the commissioner of 
1.9 	transportation for the local road improvement program under Minnesota Statutes, section 
1.10 	174.52, for a grant to the city of Faribault to make safety and capacity improvements to 
1.11 	the local roads adjacent to marked Trunk Highway 60 between 30th Avenue NW and 
1.12 	Canby Avenue in Faribault.  This appropriation is not available until the commissioner 
1.13 	of finance has determined that at least an equal amount is committed to the project from 
1.14 	nonstate sources.

1.15 	Sec. 2. BOND SALE.
 1.16 	To provide the money appropriated by section 1 from the bond proceeds fund, 
1.17 	the commissioner of finance shall sell and issue bonds of the state in an amount up to 
1.18 	$1,800,000 in the manner, on the terms, and with the effect prescribed by Minnesota 
1.19 	Statutes, sections 16A.631 to 16A.675, and by the Minnesota Constitution, article XI, 
1.20 	sections 4 to 7.

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