1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for the Minnesota Latino 
1.3 	Museum; 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. PAUL; MINNESOTA LATINO MUSEUM.
 1.6 		Subdivision 1.Appropriation. $10,000,000 is appropriated from the bond proceeds 
1.7 	fund to the commissioner of employment and economic development for a grant to the city 
1.8 	of St. Paul to acquire property for, and to predesign, design, construct, furnish, and equip 
1.9 	the Minnesota Latino Museum at 85 West Water Street on Harriet Island. The city may 
1.10 	enter into a lease or management agreement for operation of the museum, subject to 
1.11 	Minnesota Statutes, section 16A.695.
1.12 		Subd. 2.Bond sale. To provide the money appropriated in this section from the bond 
1.13 	proceeds fund, the commissioner of management and budget shall sell and issue bonds of 
1.14 	the state in an amount up to $10,000,000 in the manner, upon the terms, and with the effect 
1.15 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.16 	Constitution, article XI, sections 4 to 7.

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