1.1 	A bill for an act
1.2 	relating to transportation; authorizing sale of state bonds; appropriating money 
1.3 	for the Red Rock Corridor transit way.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. RED ROCK CORRIDOR TRANSIT WAY.
 1.6 		Subdivision 1.Appropriation. $1,500,000 is appropriated to the commissioner of 
1.7 	transportation from the bond proceeds fund for the Red Rock Corridor transit way between 
1.8 	Hastings and Minneapolis via St. Paul, and extended between Hastings and Red Wing for:
1.9 	(1) the design, construction, and furnishing of park-and-ride lots; and 
1.10 	(2) a feasibility study of transit and transportation needs in an extension of the Red 
1.11 	Rock Corridor transit way between Hastings and Red Wing.
1.12 		Subd. 2.Bond sale. To provide the money appropriated in this section from the 
1.13 	bond proceeds fund, the commissioner of finance shall sell and issue bonds of the state in 
1.14 	an amount up to $1,500,000 in the manner, upon the terms, and with the effect prescribed 
1.15 	by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota Constitution, 
1.16 	article XI, sections 4 to 7.

1.17 	Sec. 2. EFFECTIVE DATE.
 1.18 	Section 1 is effective the day following final enactment.