1.1 	A bill for an act
1.2 	relating to capital improvements; authorizing the
1.3 	issuance of state bonds; appropriating money for a
1.4 	personal rapid transit safety facility at the
1.5 	University of Minnesota at Duluth.
1.6 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.7 	Section 1. APPROPRIATION.
 1.8 	(a) $4,000,000 is appropriated from the bond proceeds fund
1.9 	to the Board of Regents of the University of Minnesota to
1.10 	design, acquire, construct, furnish, and equip a personal rapid
1.11 	transit safety certification and training facility at the
1.12 	University of Minnesota at Duluth.  The facility plans must
1.13 	include a guideway of approximately 2,500 feet long, an off-line
1.14 	station, and a maintenance and control center.  The facility
1.15 	must be designed and constructed with plans that will support
1.16 	the development of future personal rapid transit systems.
1.17 	(b) The board shall enter into an agreement to implement
1.18 	the project under this section with at least one statutory or
1.19 	home rule charter city, a public transit authority, or a port
1.20 	authority with power to issue obligation bonds.  The board may
1.21 	enter into agreements for the design, construction, and
1.22 	operation of the facility subject to Minnesota Statutes, section
1.23 	16A.695.  The purpose of this project is to (1) confirm the
1.24 	safety of the patented personal rapid transit technology for
1.25 	sustainable public transit service, (2) provide an opportunity
2.1 	for engineers and technicians to be trained in its design and
2.2 	operation, and (3) establish a new economically self-sustaining,
2.3 	visible technology in Minnesota.
2.4 	(c) The appropriation is not available until the
2.5 	commissioner determines that $4,000,000 has been committed to
2.6 	the project from nonstate sources.

2.7 	Sec. 2. BOND SALE.
 2.8 	To provide the money appropriated in this act from the bond
2.9 	proceeds fund, the commissioner of finance shall sell and issue
2.10 	bonds of the state in an amount up to $4,000,000 in the manner,
2.11 	upon the terms, and with the effect prescribed by Minnesota
2.12 	Statutes, sections 16A.631 to 16A.675, and by the Minnesota
2.13 	Constitution, article XI, sections 4 to 7.

2.14 	Sec. 3. EFFECTIVE DATE.
 2.15 	Sections 1 and 2 are effective the day following final
2.16 	enactment.