1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for a renovation and expansion 
1.3 	of the Lake Phalen Lakeside Center in the city of St. Paul; authorizing the sale and 
1.4 	issuance of state bonds.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. ST. PAUL; LAKE PHALEN LAKESIDE CENTER.
 1.7 		Subdivision 1.Appropriation. $11,189,000 is appropriated from the bond proceeds 
1.8 	fund to the Metropolitan Council for a grant to the city of St. Paul to predesign, design, 
1.9 	construct, furnish, and equip a renovation and expansion of the Lake Phalen Lakeside Center 
1.10 	in the city of St. Paul to provide park programming, access to the lake for water recreation, 
1.11 	and spaces for food and recreation vendors.
1.12 		Subd. 2.Bond sale. To provide the money appropriated in this section from the bond 
1.13 	proceeds fund, the commissioner of management and budget shall sell and issue bonds of 
1.14 	the state in an amount up to $11,189,000 in the manner, upon the terms, and with the effect 
1.15 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.16 	Constitution, article XI, sections 4 to 7.

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