1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for the Martin County veterans 
1.3 	memorial; 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. MARTIN COUNTY VETERANS MEMORIAL.
 1.6 		Subdivision 1.Appropriation. $400,000 is appropriated from the bond proceeds fund 
1.7 	to the commissioner of administration for a grant to Martin County to design and construct 
1.8 	a memorial to those who have served in the military of the United States of America and 
1.9 	those who have died in the line of duty. This appropriation is not available until the 
1.10 	commissioner of management and budget has determined that at least an equal amount has 
1.11 	been committed to the project from nonstate sources to complete the project.
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 $400,000 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.