1.1 	A bill for an act
1.2 	relating to capital improvements; appropriating money for the Paradise Center 
1.3 	for the Arts in Faribault; 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. APPROPRIATION.
 1.6 	$151,000 is appropriated from the bond proceeds fund to the commissioner of 
1.7 	employment and economic development for a grant to the city of Faribault to design, 
1.8 	construct, furnish, and equip renovations to accommodate handicapped accessibility at 
1.9 	the Paradise Center for the Arts subject to Minnesota Statutes, section 16A.695. This 
1.10 	appropriation is not available until the commissioner has determined that an equal amount 
1.11 	has been committed from nonstate sources. The city of Faribault may operate a performing 
1.12 	arts center and may enter into a lease or management agreement for the theater subject 
1.13 	to Minnesota Statutes, section 16A.695.

1.14 	Sec. 2. BOND SALE.
 1.15 	To provide the money appropriated in section 1 from the bond proceeds fund, 
1.16 	the commissioner of finance shall sell and issue bonds of the state in an amount up to 
1.17 	$151,000 in the manner, upon the terms, and with the effect prescribed by Minnesota 
1.18 	Statutes, sections 16A.631 to 16A.675, and by the Minnesota Constitution, article XI, 
1.19 	sections 4 to 7.

1.20 	Sec. 3. EFFECTIVE DATE.
 1.21 	Sections 1 and 2 are effective the day following final enactment.