1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for improvements to Nicollet 
1.3 	Avenue in the city of Richfield; 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. RICHFIELD;  NICOLLET AVENUE.
 1.6 		Subdivision 1.Appropriation. $10,000,000 is appropriated from the bond proceeds 
1.7 	fund to the commissioner of transportation for a grant to the city of Richfield to design and 
1.8 	construct approximately 1.4 miles of roadway, and active transportation and public utility 
1.9 	infrastructure on Nicollet Avenue (County State-Aid Highway 52) from 77th Street to 66th 
1.10 	Street (County State-Aid Highway 53) in the city. This appropriation includes money for 
1.11 	predesign necessary to complete the project and for the acquisition of real property or 
1.12 	right-of-way or easement acquisition within the corridor. This appropriation is for the city's 
1.13 	local cost-share and is to be used in cooperation with Hennepin County for the Nicollet 
1.14 	Avenue (County State-Aid Highway 52) reconstruction project.
1.15 		Subd. 2.Bond sale. To provide the money appropriated in this section from the bond 
1.16 	proceeds fund, the commissioner of management and budget shall sell and issue bonds of 
1.17 	the state in an amount up to $10,000,000 in the manner, upon the terms, and with the effect 
1.18 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.19 	Constitution, article XI, sections 4 to 7.

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