1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for rehabilitation of the 
1.3 	pedestrian suspension bridge over the Minnesota River in Granite Falls; 
1.4 	authorizing the sale and issuance of state bonds.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. MINNESOTA RIVER PEDESTRIAN BRIDGE, GRANITE FALLS.
 1.7 		Subdivision 1.Appropriation. $512,000 is appropriated from the bond proceeds 
1.8 	fund to the commissioner of employment and economic development for a grant to the 
1.9 	city of Granite Falls to rehabilitate the Roebling pedestrian suspension bridge over the 
1.10 	Minnesota River in the city of Granite Falls, including replacement of concrete bridge 
1.11 	docking, repair of structural deficiencies, replacement and upgrading of metal railings and 
1.12 	lighting, and repair and restoration of the bridge vault. This appropriation is not available 
1.13 	until the commissioner determines that at least an equal amount has been committed to 
1.14 	the project from nonstate sources.
1.15 		Subd. 2.Bond sale. To provide the money appropriated in this section from the 
1.16 	bond proceeds fund, the commissioner of management and budget shall sell and issue 
1.17 	bonds of the state in an amount up to $512,000 in the manner, upon the terms, and with 
1.18 	the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the 
1.19 	Minnesota Constitution, article XI, sections 4 to 7.

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