1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for the I-35W/I-494 
1.3 	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. I-35W/I-494 INTERCHANGE.
 1.6 		Subdivision 1.Appropriation. $10,000,000 is appropriated from the bond proceeds 
1.7 	fund to the commissioner of transportation for reconstruction of the 82nd Street Bridge 
1.8 	as described in the preliminary design report completed in 2010 for the Interchange 
1.9 	of marked Interstate Highway 35W and marked Interstate Highway 494 in the city of 
1.10 	Bloomington. This appropriation includes money for design, environmental work, 
1.11 	right-of-way acquisition, and construction.
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 $10,000,000 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.