1.1 	A bill for an act
1.2 	relating to capital investment; authorizing spending to acquire and better public 
1.3 	land and buildings and other improvements of a capital nature; authorizing the 
1.4 	issuance of state bonds; appropriating money for a new interchange between 
1.5 	Otter Tail County CSAH 34 and marked Trunk Highway 10.
1.6 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.7 	Section 1. NEW HIGHWAY INTERCHANGE, PERHAM.
 1.8 		Subdivision 1.Appropriation. $5,221,000 is appropriated from the bond proceeds 
1.9 	fund to the commissioner of transportation to relocate an irrigation system, acquire 
1.10 	right-of-way for, predesign, design, and construct a new interchange of Otter Tail County 
1.11 	CSAH 34 and marked Trunk Highway 10 near the Perham hospital.
1.12 		Subd. 2.Bond sale. To provide the money appropriated in subdivision 1 from 
1.13 	the bond proceeds fund, the commissioner of finance shall sell and issue bonds of the 
1.14 	state in an amount up to $5,221,000 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.