1.1 A bill for an act 1.2 relating to capital investment; appropriating money for a new segment of the Elm 1.3 Creek Greenway Trail Corridor in the city of Champlin; authorizing the sale and 1.4 issuance of state bonds. 1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.6 Section 1. CHAMPLIN; ELM CREEK GREENWAY TRAIL CORRIDOR. 1.7 Subdivision 1.Appropriation.$500,000 is appropriated from the bond proceeds fund 1.8to the Metropolitan Council for a grant to the city of Champlin for property and easement 1.9acquisition and predesign for a new segment of the Elm Creek Greenway Trail Corridor in 1.10the city of Champlin to connect Mississippi Crossings to the Elm Creek Park Reserve. This 1.11appropriation is in addition to the appropriation in Laws 2023, chapter 71, article 1, section 1.1211, subdivision 6. 1.13 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond 1.14proceeds fund, the commissioner of management and budget shall sell and issue bonds of 1.15the state in an amount up to $500,000 in the manner, upon the terms, and with the effect 1.16prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 1.17Constitution, article XI, sections 4 to 7. 1.18 EFFECTIVE DATE.This section is effective the day following final enactment. 1Section 1. 25-04454 as introduced02/27/25 REVISOR JSK/RC SENATE STATE OF MINNESOTA S.F. No. 2450NINETY-FOURTH SESSION (SENATE AUTHORS: HOFFMAN and Abeler) OFFICIAL STATUSD-PGDATE Introduction and first reading03/13/2025 Referred to Capital Investment