1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for a regional ice arena in the 
1.3 	city of La Crescent; 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. LA CRESCENT; ICE ARENA.
 1.6 		Subdivision 1.Appropriation. $3,000,000 is appropriated from the bond proceeds fund 
1.7 	to the commissioner of employment and economic development for a grant to the city of 
1.8 	La Crescent to design, construct, and equip improvements and upgrades necessary to renovate 
1.9 	the La Crescent regional ice arena.  This appropriation includes money for replacement of 
1.10 	the existing ice system which uses R-22 refrigerant and the installation of a rooftop solar 
1.11 	energy system.
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 $3,000,000 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.