1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for trail segments of the Perham 
1.3 	to Pelican Rapids Regional Trail; 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. OTTER TAIL COUNTY; PERHAM TO PELICAN RAPIDS REGIONAL 
1.6 	TRAIL.
 1.7 		Subdivision 1.Appropriation. $4,768,000 is appropriated from the bond proceeds fund 
1.8 	to the commissioner of natural resources for a grant to Otter Tail County to acquire 
1.9 	right-of-way and to predesign, design, engineer, and construct the Silent Lake and McDonald 
1.10 	Lake segments of the Perham to Pelican Rapids Regional Trail, which goes from the north 
1.11 	boundary of Maplewood State Park to the intersection of County State-Aid Highway 34 
1.12 	and County State-Aid Highway 35. This appropriation is available when the commissioner 
1.13 	of management and budget determines that sufficient resources have been committed to 
1.14 	complete the project, as required by Minnesota Statutes, section 16A.502.
1.15 		Subd. 2.Bond sale. To provide the money appropriated in this section from the bond 
1.16 	proceeds fund, the commissioner of management and budget shall sell and issue bonds of 
1.17 	the state in an amount up to $4,768,000 in the manner, upon the terms, and with the effect 
1.18 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.19 	Constitution, article XI, sections 4 to 7.

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