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SF 2252

as introduced - 89th Legislature (2015 - 2016) Posted on 03/16/2016 03:31pm

KEY: stricken = removed, old language.
underscored = added, new language.
Version List Authors and Status
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Current Version - as introduced

Line numbers 1.1 1.2 1.3 1.4
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1.20 1.21 1.22 2.1 2.2
2.3 2.4

A bill for an act
 relating to capital improvements; appropriating money for a cooperative facilities
grant; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin CARLTON; WRENSHALL.
new text end

new text begin Subdivision 1. new text end

new text begin Approval timelines. new text end

new text begin Notwithstanding the application and review
timelines in Minnesota Statutes, section 123A.443, the commissioner of education must
award a cooperative facilities grant of $20,000,000 to the consolidated district composed
of the former Independent School District No. 93, Carlton, and the former Independent
School District No. 100, Wrenshall.
 new text end

new text begin Subd. 2. new text end

new text begin Referendum. new text end

new text begin Notwithstanding the 180-day limit in Minnesota Statutes,
section 123A.443, subdivision 7, the consolidated district board must conduct an election
authorizing the sale of bonds within 360 days of the date of the grant approval.
 new text end

Sec. 2. new text begin BOND SALE.
new text end

new text begin To provide the money appropriated in section 3 from the bond proceeds fund, the
commissioner of management and budget shall sell and issue bonds of the state in an
amount up to $20,000,000 in the manner, upon the terms, and with the effect prescribed by
Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota Constitution,
article XI, sections 4 to 7.
 new text end

Sec. 3. new text begin APPROPRIATION.
new text end

new text begin $20,000,000 is appropriated from the bond proceeds fund to the commissioner of
education for a cooperative facilities grant to the consolidated district composed of the
former Independent School District No. 93, Carlton, and the former Independent School
District No. 100, Wrenshall.
 new text end

Sec. 4. new text begin EFFECTIVE DATE.
new text end

new text begin Sections 1 to 3 are effective the day following final enactment.
 new text end