1.1 	A bill for an act
1.2 	relating to capital investment; authorizing the sale of state bonds; appropriating 
1.3 	money for pavement overlay on the Dassel-Cokato bicycle trail.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. DASSEL-COKATO SCHOOL DISTRICT BICYCLE TRAIL.
 1.6 		Subdivision 1.Appropriation. $122,000 is appropriated from the bond proceeds 
1.7 	fund to the commissioner of education for a grant to Independent School District No. 466, 
1.8 	Dassel-Cokato, for a pavement overlay on the existing Dassel-Cokato bicycle trail.
1.9 		Subd. 2.Bond sale. To provide the money appropriated in subdivision 1 from the 
1.10 	bond proceeds fund, the commissioner of finance shall sell and issue bonds of the state in 
1.11 	an amount up to $122,000 in the manner, upon the terms, and with the effect prescribed by 
1.12 	Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota Constitution, 
1.13 	article XI, sections 4 to 7.

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