1.1 	A bill for an act
1.2 	relating to capital improvements; authorizing the issuance of state bonds; 
1.3 	appropriating money for public infrastructure to support a steel plant in Itasca 
1.4 	County.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. ITASCA COUNTY STEEL PLANT INFRASTRUCTURE.
 1.7 		Subdivision 1.Steel plant. $58,900,000 is appropriated from the bond proceeds 
1.8 	fund to the commissioner of employment and economic development for a grant to Itasca 
1.9 	County to acquire right-of-way and mitigate loss of wetlands and runoff of storm water, 
1.10 	and to design, construct, and equip roads, rail lines, natural gas pipelines, water supply 
1.11 	systems, and wastewater collection and treatment systems for a steel plant in Itasca County.
1.12 		Subd. 2.Bond sale. To provide the money appropriated in this act from the bond 
1.13 	proceeds fund, the commissioner of finance shall sell and issue bonds of the state in an 
1.14 	amount up to $58,900,000 in the manner, upon the terms, and with the effect prescribed by 
1.15 	Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota Constitution, 
1.16 	article XI, sections 4 to 7.

1.17 	Sec. 2. EFFECTIVE DATE.
 1.18 	This act is effective the day following final enactment.