1.1 A bill for an act 1.2 relating to capital investment; appropriating money for a jetty and bank stabilization 1.3 improvements near Mississippi Crossings in the city of Champlin; authorizing the 1.4 sale and issuance of state bonds. 1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.6 Section 1. CHAMPLIN; MISSISSIPPI CROSSINGS RIVER JETTY. 1.7 Subdivision 1.Appropriation.$350,000 is appropriated from the bond proceeds fund 1.8to the commissioner of natural resources for a grant to the city of Champlin to construct a 1.9jetty and bank stabilization improvements upstream of the Mississippi Crossings public 1.10dock system in the city of Champlin. 1.11 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond 1.12proceeds fund, the commissioner of management and budget shall sell and issue bonds of 1.13the state in an amount up to $350,000 in the manner, upon the terms, and with the effect 1.14prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 1.15Constitution, article XI, sections 4 to 7. 1.16 EFFECTIVE DATE.This section is effective the day following final enactment. 1Section 1. REVISOR JSK/EN 25-0445602/27/25 State of Minnesota This Document can be made available in alternative formats upon request HOUSE OF REPRESENTATIVES H. F. No. 2042 NINETY-FOURTH SESSION Authored by Nadeau03/10/2025 The bill was read for the first time and referred to the Committee on Capital Investment