1.1 	A bill for an act
1.2 	relating to capital improvements; appropriating money for Northstar Commuter 
1.3 	Rail and light rail transit; 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. APPROPRIATION.
 1.6 	$60,000,000 is appropriated from the bond proceeds fund to construct, furnish, and 
1.7 	equip the Northstar Commuter Rail line and to construct, furnish, and equip the extension 
1.8 	of the light rail transit line.
1.9 	This appropriation is contingent upon execution of the full-funding grant agreement 
1.10 	with the Federal Transit Administration for the Northstar Commuter Rail Project.

1.11 	Sec. 2. BOND SALE.
 1.12 	To provide the money appropriated in section 1 from the bond proceeds fund, 
1.13 	the commissioner of finance shall sell and issue bonds of the state in an amount up to 
1.14 	$60,000,000 in the manner, upon the terms, and with the effect prescribed by Minnesota 
1.15 	Statutes, sections 16A.631 to 16A.675, and by the Minnesota Constitution, article XI, 
1.16 	sections 4 to 7.

1.17 	Sec. 3. EFFECTIVE DATE.
 1.18 	Sections 1 and 2 are effective the day following final enactment.