1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for a new public works facility 
1.3 	in the city of Monticello; 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. MONTICELLO; PUBLIC WORKS FACILITY.
 1.6 		Subdivision 1.Appropriation. $16,000,000 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 Monticello to design, construct, furnish, and equip a new municipal public works facility.
1.9 		Subd. 2.Bond sale. To provide the money appropriated in this section from the bond 
1.10 	proceeds fund, the commissioner of management and budget shall sell and issue bonds of 
1.11 	the state in an amount up to $16,000,000 in the manner, upon the terms, and with the effect 
1.12 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.13 	Constitution, article XI, sections 4 to 7.

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