1.1A bill for an act
1.2relating to capital investment; appropriating money for an All-Veterans Memorial
1.3in the city of Edina; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5    Section 1. VETERANS MEMORIAL; CITY OF EDINA.
1.6    Subdivision 1. Appropriation. $225,000 is appropriated from the bond proceeds
1.7fund to the commissioner of veterans affairs for a grant to the city of Edina to design and
1.8construct the All-Veterans Memorial, in Utley park in Edina, in consultation with the
1.9commissioner of veterans affairs and as approved by the Edina City Council in accordance
1.10with section 416.01. This appropriation is not available until an equal amount has been
1.11committed to the project from nonstate sources. The city of Edina is authorized to accept
1.12matching funds from public and private nonstate sources. Matching funds may include
1.13any expenditures made by the city for development and construction of the All-Veterans
1.14Memorial within the park.
1.15    Subd. 2. Bond sale. To provide the money appropriated in this section from the
1.16bond proceeds fund, the commissioner of management and budget shall sell and issue
1.17bonds of the state in an amount up to $225,000 in the manner, upon the terms, and with
1.18the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.19Minnesota Constitution, article XI, sections 4 to 7.
1.20EFFECTIVE DATE.This section is effective the day following final enactment.