1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for capital improvements to 
1.3 	County Road 54 in Dakota County; authorizing the sale and issuance of state 
1.4 	bonds.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. DAKOTA COUNTY; CSAH 54/68 MISSISSIPPI RIVER TRAIL 
1.7 	EXTENSION.
 1.8 		Subdivision 1.Appropriation. $24,000,000 is appropriated from the bond proceeds 
1.9 	fund to the commissioner of transportation for a grant to Dakota County to construct safety 
1.10 	improvements, improved access for economic competitiveness of the Prairie Island Indian 
1.11 	Community, off-road trail connections to Prairie Island, and an extension to the national 
1.12 	Mississippi River Trail in Dakota County along County Road 54.
1.13 		Subd. 2.Bond sale. To provide the money appropriated in this section from the bond 
1.14 	proceeds fund, the commissioner of management and budget shall sell and issue bonds of 
1.15 	the state in an amount up to $24,000,000 in the manner, upon the terms, and with the effect 
1.16 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.17 	Constitution, article XI, sections 4 to 7.

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