1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for water infrastructure projects 
1.3 	in Pine City; 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. WATER INFRASTRUCTURE; PINE CITY.
 1.6 		Subdivision 1.Appropriation. $2,000,000 is appropriated from the bond proceeds fund 
1.7 	to the Public Facilities Authority for a grant to the city of Pine City for water infrastructure 
1.8 	projects, including replacement of a lift station and sanitary lateral crossing over the Snake 
1.9 	River and construction of a clean water lateral crossing over the Snake River.
1.10 		Subd. 2.Bond sale. To provide the money appropriated in this section from the bond 
1.11 	proceeds fund, the commissioner of management and budget shall sell and issue bonds of 
1.12 	the state in an amount up to $2,000,000 in the manner, upon the terms, and with the effect 
1.13 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.14 	Constitution, article XI, sections 4 to 7.

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