1.1 	A bill for an act
1.2 	relating to capital improvements; authorizing the issuance of state bonds; 
1.3 	appropriating money for grants to the Shell Rock River Watershed District for 
1.4 	storm water retention and flood mitigation.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. SHELL ROCK RIVER WATERSHED DISTRICT 
1.7 	APPROPRIATIONS.
 1.8 		Subdivision 1.South Industrial Park. $490,000 is appropriated from the bond 
1.9 	proceeds fund to the commissioner of natural resources for a grant to the Shell Rock River 
1.10 	Watershed District in Freeborn County to design and construct a storm water retention 
1.11 	and flood mitigation system to slow down and filter all the water draining from the city of 
1.12 	Albert Lea's South Industrial Park.
1.13 	This appropriation is not available until the commissioner has determined that at 
1.14 	least an equal amount has been committed to the project from nonstate sources.
1.15 		Subd. 2.Pickerel Lake. $300,000 is appropriated from the bond proceeds fund 
1.16 	to the commissioner of natural resources for a grant to the Shell Rock River Watershed 
1.17 	District in Freeborn County to construct a storm water retention and flood mitigation 
1.18 	system to slow down and filter water draining to the chain of lakes in the Albert Lea area.
1.19 	This appropriation is not available until the commissioner has determined that at 
1.20 	least an equal amount has been committed to the project from nonstate sources.
1.21 		Subd. 3.Bond sale. To provide the money appropriated in this act from the bond 
1.22 	proceeds fund, the commissioner of finance shall sell and issue bonds of the state in an 
1.23 	amount up to $790,000 in the manner, upon the terms, and with the effect prescribed by 
2.1 	Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota Constitution, 
2.2 	article XI, sections 4 to 7.

2.3 	Sec. 2. EFFECTIVE DATE.
 2.4 	This act is effective the day following final enactment.