1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for the Glacial Lakes Trail; 
1.3 	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. GLACIAL LAKES TRAIL.
 1.6 		Subdivision 1.Appropriation. $2,590,000 is appropriated from the bond proceeds fund 
1.7 	to the commissioner of natural resources to acquire land and develop an approximately 
1.8 	five-mile spur from the Glacial Lakes Trail through New London and into Sibley State Park, 
1.9 	including a separated grade crossing of Trunk Highway 71 and a separated grade crossing 
1.10 	of County Highway 40.
1.11 		Subd. 2.Bond sale. To provide the money appropriated in subdivision 1 from the bond 
1.12 	proceeds fund, the commissioner of management and budget shall sell and issue bonds of 
1.13 	the state in an amount up to $2,590,000 in the manner, upon the terms, and with the effect 
1.14 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.15 	Constitution, article XI, sections 4 to 7.

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