1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for the Southern Rail 
1.3 	Corridor project; authorizing the sale and issuance of state bonds.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. SOUTHERN RAIL CORRIDOR PROJECT; APPROPRIATION AND 
1.6 	BOND SALE AUTHORIZATION.
 1.7 		Subdivision 1.Appropriation. $8,000,000 is appropriated from the bond proceeds 
1.8 	fund to the commissioner of transportation for a grant to the Olmsted County Regional 
1.9 	Rail Authority to predesign the Southern Rail Corridor project, originating near Dover in 
1.10 	Olmsted County and running south of the city of Rochester, returning to the main line 
1.11 	west of the city in Olmsted or Dodge County. The project should evaluate integrating 
1.12 	passenger rail in the corridor.
1.13 		Subd. 2.Bond sale. To provide the money appropriated in this section from the 
1.14 	bond proceeds fund, the commissioner of management and budget shall sell and issue 
1.15 	bonds of the state in an amount up to $8,000,000 in the manner, upon the terms, and with 
1.16 	the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the 
1.17 	Minnesota Constitution, article XI, sections 4 to 7.

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