1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for the Silver Lake sediment 
1.3 	removal and revitalization 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. ROCHESTER; SILVER LAKE SEDIMENT REMOVAL AND 
1.6 	REVITALIZATION PROJECT.
 1.7 		Subdivision 1.Appropriation. $11,670,000 is appropriated from the bond proceeds 
1.8 	fund to the commissioner of natural resources for a grant to the city of Rochester to predesign, 
1.9 	design, engineer, construct, and equip sediment removal and capital improvements near the 
1.10 	Silver Lake dam in order to adhere to United States Army Corps of Engineers and flood 
1.11 	mitigation requirements. This appropriation includes money for design, engineering, 
1.12 	construction, and installation of the North Side pedestrian trail, including boardwalk 
1.13 	components, a pedestrian bridge, and access along North Broadway Avenue, as well as 
1.14 	capital improvements to Silver Lake Park consistent with the park master plan, including 
1.15 	aquatics features, an accessible playground, shelter renovations, and trail connections. 
1.16 	Nonstate contributions toward predesign, design, and engineering made before or after the 
1.17 	enactment of this section shall count toward the nonstate match. This appropriation is 
1.18 	available when the commissioner of management and budget determines that an amount 
1.19 	sufficient to complete the project has been committed to the project, as required by Minnesota 
1.20 	Statutes, section 16A.502.
1.21 		Subd. 2.Bond sale. To provide the money appropriated in this section from the bond 
1.22 	proceeds fund, the commissioner of management and budget shall sell and issue bonds of 
1.23 	the state in an amount up to $11,670,000 in the manner, upon the terms, and with the effect 
2.1 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
2.2 	Constitution, article XI, sections 4 to 7.

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