1.1 	A bill for an act
1.2 	relating to capital investment; authorizing spending to acquire and better public 
1.3 	land and buildings and other improvements of a capital nature; authorizing 
1.4 	the issuance of state bonds; appropriating money for the city of Grand Rapids 
1.5 	at-grade railroad crossing improvements.
1.6 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.7 	Section 1. GRAND RAPIDS; RAILROAD AT-GRADE CROSSING 
1.8 	IMPROVEMENTS.
 1.9 		Subdivision 1.Appropriation. $900,000 is appropriated from the bond proceeds 
1.10 	fund to the commissioner of transportation for a grant to the city of Grand Rapids to 
1.11 	make at-grade railroad crossings improvements in the city. The project includes closing 
1.12 	the three at-grade crossings that do not have signals and cross arms, upgrading the fourth 
1.13 	crossing with a new turn lane and cross arms, realigning Third Street Southeast to connect 
1.14 	to Seventh Avenue Southeast, and acquisition of two properties. This appropriation is not 
1.15 	available until the commissioner of finance has determined that at least $2,400,000 has 
1.16 	been committed to the project from nonstate sources.
1.17 		Subd. 2.Bond sale. To provide the money appropriated in subdivision 1 from the 
1.18 	bond proceeds fund, the commissioner of finance shall sell and issue bonds of the state in 
1.19 	an amount up to $900,000 in the manner, upon the terms, and with the effect prescribed by 
1.20 	Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota Constitution, 
1.21 	article XI, sections 4 to 7.

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