1.1 	A bill for an act
1.2 	relating to capital improvements; authorizing the sale and issuance of 
1.3 	state bonds; appropriating money for infrastructure improvements and 
1.4 	right-of-way acquisition within the Franklin LRT Station and 46th Street Station 
1.5 	redevelopment areas in the city of Minneapolis.
1.6 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.7 	Section 1. APPROPRIATION.
 1.8 	$6,500,000 is appropriated to the commissioner of employment and economic 
1.9 	development for a grant to the city of Minneapolis to design, acquire right-of-way, and 
1.10 	construct public infrastructure improvements within the Franklin LRT Station and 46th 
1.11 	Street Station redevelopment areas.

1.12 	Sec. 2. BOND SALE.
 1.13 	To provide the money appropriated in this act from the bond proceeds fund, the 
1.14 	commissioner of finance shall sell and issue bonds of the state in an amount up to 
1.15 	$6,500,000 in the manner, upon the terms, and with the effect prescribed by Minnesota 
1.16 	Statutes, sections 16A.631 to 16A.675, and by the Minnesota Constitution, article XI, 
1.17 	sections 4 to 7.

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