1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for the Karlstad airport 
1.3 	relocation; 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. KARLSTAD; AIRPORT RUNWAY.
 1.6 		Subdivision 1.Appropriation. $7,700,000 is appropriated from the bond proceeds fund 
1.7 	to the commissioner of transportation for a grant to the city of Karlstad for engineering and 
1.8 	construction of a primary airport runway and supporting facilities. This appropriation is for 
1.9 	Phase 3 of the project and includes money for runway paving and runway lighting, taxiway 
1.10 	paving and taxiway lighting, a paved parking apron, necessary utilities, an aviation fueling 
1.11 	system, navigational aids, access drive and parking, and any other facilities as required for 
1.12 	Department of Transportation Aeronautics airport licensure. This appropriation is in addition 
1.13 	to the Phase 1 appropriation in Laws 2021, First Special Session chapter 5, article 1, section 
1.14 	2, subdivision 2, and the Phase 2 appropriation in Laws 2023, chapter 71, article 1, section 
1.15 	10, subdivision 11.
1.16 		Subd. 2.Bond sale. To provide the money appropriated in this section from the bond 
1.17 	proceeds fund, the commissioner of management and budget shall sell and issue bonds of 
1.18 	the state in an amount up to $7,700,000 in the manner, upon the terms, and with the effect 
1.19 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.20 	Constitution, article XI, sections 4 to 7.

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