1.1 	A bill for an act
1.2 	relating to capital improvements; appropriating money for the New London dam 
1.3 	renovation; 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. NEW LONDON DAM.
 1.6 		Subdivision 1.Appropriation. $2,950,000 is appropriated from the bond 
1.7 	proceeds fund to the commissioner of natural resources for construction, engineering, 
1.8 	and renovation of the dam on the Middle Fork Crow River in the city of New London, 
1.9 	including a new spillway.
1.10 		Subd. 2.Bond sale. To provide the money appropriated in subdivision 1 from the 
1.11 	bond proceeds fund, the commissioner of management and budget shall sell and issue 
1.12 	bonds of the state in an amount up to $2,950,000 in the manner, upon the terms, and with 
1.13 	the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the 
1.14 	Minnesota Constitution, article XI, sections 4 to 7.

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