1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for metropolitan regional parks 
1.3 	and trails; 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. METROPOLITAN REGIONAL PARKS AND TRAILS.
 1.6 		Subdivision 1.Appropriation. $15,000,000 is appropriated from the bond proceeds 
1.7 	fund to the Metropolitan Council for the cost of improvements and betterments of a capital 
1.8 	nature and acquisition by the council and local government units of regional recreational 
1.9 	open-space lands in accordance with the council's policy plan as provided in Minnesota 
1.10 	Statutes, section 473.147. This appropriation must not be used to purchase easements.
1.11 		Subd. 2.Bond sale. To provide the money appropriated in this section from the bond 
1.12 	proceeds fund, the commissioner of management and budget shall sell and issue bonds of 
1.13 	the state in an amount up to $15,000,000 in the manner, upon the terms, and with the effect 
1.14 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.15 	Constitution, article XI, sections 4 to 7.

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