1.1 	A bill for an act
1.2 	relating to capital improvements; authorizing the
1.3 	issuance of state bonds; appropriating money for the
1.4 	interchange project for Interstate Highway 94 at
1.5 	Century Avenue and McKnight Road in Ramsey County.
1.6 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.7 	Section 1. APPROPRIATION.
 1.8 	$40,000,000 is appropriated from the bond proceeds fund to
1.9 	the commissioner of transportation for the interchange project
1.10 	for marked Interstate Highway 94 at Century Avenue and McKnight
1.11 	Road in Ramsey County.

1.12 	Sec. 2. BOND SALE.
 1.13 	To provide the money appropriated in this act from the bond
1.14 	proceeds fund, the commissioner of finance shall sell and issue
1.15 	bonds of the state in an amount up to $40,000,000 in the manner,
1.16 	upon the terms, and with the effect prescribed by Minnesota
1.17 	Statutes, sections 16A.631 to 16A.675, and by the Minnesota
1.18 	Constitution, article XI, sections 4 to 7.

1.19 	Sec. 3. EFFECTIVE DATE.
 1.20 	Sections 1 and 2 are effective the day following final
1.21 	enactment.