1.1 	A bill for an act
1.2 	relating to capital improvements; appropriating money for the Central Corridor 
1.3 	Transit Way; 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. CENTRAL CORRIDOR TRANSIT WAY.
 1.6 		Subdivision 1.Appropriation. (a) $70,000,000 is appropriated from the bond 
1.7 	proceeds fund to the Metropolitan Council for one or more of the following activities for 
1.8 	the Central Corridor light rail transit line that will connect downtown Minneapolis with 
1.9 	downtown St. Paul: preliminary engineering, final design, property acquisition, including 
1.10 	improvements and betterments of a capital nature, relocation of utilities owned by public 
1.11 	entities, and construction. No more than $20,000,000 of the appropriation may be used for 
1.12 	preliminary engineering.
1.13 	(b) Hennepin and Ramsey Counties need not spend their matching money for this 
1.14 	project at a rate faster than dollar for dollar with the money from this appropriation.
1.15 	(c) District heating and district cooling nonprofit corporations organized under 
1.16 	Minnesota Statutes, chapter 317A, that are exempt organizations under section 501(c)(3) 
1.17 	of the United States Internal Revenue Code and are public right-of-way users under 
1.18 	Minnesota Rules, chapter 7819, are eligible to receive grants and federal money for costs 
1.19 	of relocating facilities from public rights-of-way to prevent interference with public 
1.20 	light rail projects, unless eligibility would impact the project's Federal Transit Authority 
1.21 	required cost effectiveness index.
1.22 		Subd. 2.Bond sale. To provide the money appropriated in this act from the bond 
1.23 	proceeds fund, the commissioner of finance shall sell and issue bonds of the state in an 
2.1 	amount up to $70,000,000 in the manner, upon the terms, and with the effect prescribed by 
2.2 	Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota Constitution, 
2.3 	article XI, sections 4 to 7.

2.4 	Sec. 2. EFFECTIVE DATE.
 2.5 	This act is effective the day following final enactment.