1.1 	A bill for an act
1.2 	relating to capital improvements; appropriating money
1.3 	to repay a loan for the Crosswinds Arts and Science
1.4 	Middle School; authorizing the sale of state bonds.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. CROSSWINDS ARTS AND SCIENCE MIDDLE SCHOOL.
 1.7 		Subdivision 1.Appropriation. $1,083,000 is appropriated
1.8 	from the bond proceeds fund to the commissioner of education for
1.9 	a grant to Joint Powers District No. 6067, East Metro
1.10 	Integration District, to repay a loan from Independent School
1.11 	District No. 625, St. Paul, that was used to complete acquiring
1.12 	land for the site of Crosswinds Arts and Science Middle School.
1.13 	This appropriation is added to the appropriations in Laws 1998,
1.14 	chapter 404, section 5, subdivision 5; Laws 1999, chapter 240,
1.15 	article 1, section 3; Laws 2000, chapter 492, article 1, section
1.16 	5, subdivision 2; and Laws 2001, First Special Session chapter
1.17 	12, section 2, subdivision 2, for the same project.
1.18 		Subd. 2.Bond sale. To provide the money appropriated in
1.19 	this act from the bond proceeds fund, the commissioner of
1.20 	finance shall sell and issue bonds of the state in an amount up
1.21 	to $1,083,000 in the manner, upon the terms, and with the effect
1.22 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675,
1.23 	and by the Minnesota Constitution, article XI, sections 4 to 7.

1.24 	Sec. 2. EFFECTIVE DATE.
 1.25 	This act is effective the day following final enactment.