1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for a marina on Rainy Lake; 
1.3 	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. RANIER; SAFE HARBOR TRANSIENT BOAT DOCK ON RAINY 
1.6 	LAKE.
 1.7 		Subdivision 1.Appropriation. $3,000,000 is appropriated from the bond proceeds fund 
1.8 	to the commissioner of natural resources for a grant to the city of Ranier to predesign, design, 
1.9 	engineer, construct, and equip a marina to provide up to 26 slips in a safe harbor on Rainy 
1.10 	Lake and Rainy River at the Gateway to Voyageurs National Park. The marina will provide 
1.11 	overnight transient boaters with water, electricity, and sewage pump out services. This 
1.12 	appropriation is exempt from the requirements under Minnesota Statutes, section 16A.86, 
1.13 	subdivision 4.
1.14 		Subd. 2.Bond sale. To provide the money appropriated in this section from the bond 
1.15 	proceeds fund, the commissioner of management and budget shall sell and issue bonds of 
1.16 	the state in an amount up to $3,000,000 in the manner, upon the terms, and with the effect 
1.17 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.18 	Constitution, article XI, sections 4 to 7.

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