1.1 	A bill for an act
1.2 	relating to capital improvements; appropriating money for a flood hazard 
1.3 	mitigation grant for the city of Golden Valley; authorizing the sale and issuance 
1.4 	of state bonds. 
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. APPROPRIATION.
 1.7 	$370,000 is appropriated from the bond proceeds fund to the commissioner of 
1.8 	natural resources for a flood hazard mitigation grant under Minnesota Statutes, section 
1.9 	103F.161, to the city of Golden Valley to acquire land and demolish residential structures 
1.10 	within the Bassett Creek floodplain.

1.11 	Sec. 2. BOND SALE.
 1.12 	To provide the money appropriated in section 1 from the bond proceeds fund, 
1.13 	the commissioner of finance shall sell and issue bonds of the state in an amount up to 
1.14 	$370,000 in the manner, upon the terms, and with the effect prescribed by Minnesota 
1.15 	Statutes, sections 16A.631 to 16A.675, and by the Minnesota Constitution, article XI, 
1.16 	sections 4 to 7.

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