1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for drinking water infrastructure 
1.3 	in Beaver Bay; 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. BEAVER BAY; DRINKING WATER INFRASTRUCTURE.
 1.6 		Subdivision 1.Appropriation. $1,020,000 is appropriated from the bond proceeds fund 
1.7 	to the Public Facilities Authority for a grant to the city of Beaver Bay to remove existing 
1.8 	water piping and intake infrastructure and to construct and equip replacement water piping 
1.9 	and intake infrastructure to provide clean drinking water to residents of the city. This project 
1.10 	includes anchoring the new piping to the bedrock of Lake Superior and protecting the piping 
1.11 	with concrete structures.
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 $1,020,000 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.