1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for the Minneapolis 
1.3 	Transportation Interchange; 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. MINNEAPOLIS TRANSPORTATION INTERCHANGE.
 1.6 		Subdivision 1.Appropriation. $20,000,000 is appropriated from the bond proceeds 
1.7 	fund to the Metropolitan Council for a grant to the Hennepin County Regional Railroad 
1.8 	Authority for environmental analysis, engineering, design, acquisition of real property 
1.9 	or interests in real property, site preparation for, and construction of the Minneapolis 
1.10 	Transportation Interchange Facility located in the vicinity of the confluence of the 
1.11 	Hiawatha light rail line and the Northstar commuter rail line.
1.12 		Subd. 2.Bond sale. To provide the money appropriated in this section from the 
1.13 	bond proceeds fund, the commissioner of management and budget shall sell and issue 
1.14 	bonds of the state in an amount up to $20,000,000 in the manner, upon the terms, and with 
1.15 	the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the 
1.16 	Minnesota Constitution, article XI, sections 4 to 7.

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