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HF 1107

as introduced - 90th Legislature (2017 - 2018) Posted on 02/22/2018 05:10pm

KEY: stricken = removed, old language.
underscored = added, new language.

Bill Text Versions

Engrossments
Introduction Posted on 02/22/2018

Current Version - as introduced

Line numbers 1.1 1.2 1.3 1.4
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A bill for an act
relating to education; clarifying district procedures to apply for grants; amending
Minnesota Statutes 2016, section 123A.443, subdivision 4.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Minnesota Statutes 2016, section 123A.443, subdivision 4, is amended to read:


Subd. 4.

District procedures.

new text begin(a) new text endA joint powers board of a district established under
subdivision 2 or a school board of a reorganized district that intends to apply for a grant
must adopt a resolution statingnew text begin:
new text end

new text begin (1)new text end the proposed costs of the projectdeleted text begin,deleted text endnew text begin;
new text end

new text begin (2)new text end the purpose for which the costs are to be incurreddeleted text begin,deleted text endnew text begin;new text end and

new text begin (3)new text end an estimate of the dates when the facilities for which the grant is requested will be
contracted for and completed.

new text begin (b)new text end Applications for the state grants must be accompanied by deleted text begin(a)deleted text endnew text begin:
new text end

new text begin (1)new text end a copy of the resolutiondeleted text begin, (b)deleted text endnew text begin;
new text end

new text begin (2)new text end a certificate by the clerk and treasurer of the joint powers board showing the current
outstanding indebtedness of each member districtdeleted text begin,deleted text endnew text begin;new text end and deleted text begin(c)
deleted text end

new text begin (3)new text end a certificate by the county auditor of each county in which a portion of the joint
powers district lies showing the information in the auditor's official records that deleted text beginis required
to
deleted text endnew text begin mustnew text end be used deleted text beginin computingdeleted text endnew text begin to computenew text end the debt limit of the district under section 475.53,
subdivision 4
.

The clerk's and treasurer's certificate must show, as to each outstanding bond issue of each
member district, the amount originally issued, the purpose for which issued, the date of
issue, the amount remaining unpaid as of the date of the resolution, and the interest rates
and due dates and amounts of principal thereon. Applications and necessary data must be
in the form prescribed by the commissioner. Applications must be received by the
commissioner by September 1 of an odd-numbered year. When an application is received,
the commissioner shall obtain from the commissioner of revenue, and from the Public
Utilities Commission when required, the information in their official records that deleted text beginis required
to
deleted text endnew text begin mustnew text end be used deleted text beginin computingdeleted text endnew text begin to computenew text end the debt limit of the joint powers district under
section 475.53, subdivision 4.