1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for an I-35W interchange and 
1.3 	transit station at Lake Street in Minneapolis; authorizing the sale and issuance of 
1.4 	state bonds.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. I-35W INTERCHANGE AND TRANSIT STATION; LAKE STREET.
 1.7 		Subdivision 1.Appropriation. $6,750,000 is appropriated from the bond proceeds 
1.8 	fund to the commissioner of transportation for a grant to Hennepin County for design 
1.9 	of a transit station and an interchange providing access from Lake Street onto marked 
1.10 	Interstate Highway 35W in the city of Minneapolis.
1.11 		Subd. 2.Bond sale. To provide the money appropriated in this section from the 
1.12 	bond proceeds fund, the commissioner of management and budget shall sell and issue 
1.13 	bonds of the state in an amount up to $6,750,000 in the manner, upon the terms, and with 
1.14 	the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the 
1.15 	Minnesota Constitution, article XI, sections 4 to 7.

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