1.2relating to capital investment; appropriating money for predesign and preliminary
1.3engineering for the removal of the Minnesota Falls Dam on the Minnesota River
1.4near Granite Falls and for predesign and preliminary engineering for construction
1.5of a rock rapids structure; authorizing the sale and issuance of state bonds.
1.6BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.7    Section 1. MINNESOTA FALLS DAM.
1.8    Subdivision 1. Appropriation. $700,000 is appropriated from the bond proceeds
1.9fund to the commissioner of natural resources for a grant to Yellow Medicine County for
1.10predesign and preliminary engineering for the removal of the Minnesota Falls Dam on
1.11the Minnesota River near Granite Falls and predesign and preliminary engineering for
1.12construction of a rock rapids structure. This appropriation is contingent upon transfer of
1.13ownership of the dam to the state or a political subdivision of the state.
1.14    Subd. 2. Bond sale. To provide the money appropriated in subdivision 1 from the
1.15bond proceeds fund, the commissioner of management and budget shall sell and issue
1.16bonds of the state in an amount up to $700,000 in the manner, upon the terms, and with
1.17the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.18Minnesota Constitution, article XI, sections 4 to 7.
1.19EFFECTIVE DATE.This section is effective the day following final enactment.