SF 2936

as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am

A bill for an act
relating to capital improvements; authorizing the sale of state bonds to provide
funding for an innovative school project in Lincoln County; appropriating money.

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

Section 1. new text begin INNOVATIVE RURAL SCHOOL.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $4,000,000 is appropriated from the bond proceeds
fund to the commissioner of education for a grant to the fiscal agent for the Lake Benton
and Ivanhoe school districts for an innovative rural school.
new text end

new text begin Subd. 2. new text end

new text begin Renewable energy sources. new text end

new text begin The school must be constructed incorporating
renewable energy sources. Renewable energy sources may include geothermal heating
and cooling, wind energy, solar technologies, or biomass generation. The commissioner
shall award the grant to demonstrate that a school constructed using renewable energy
sources can provide significant operating savings for school districts throughout the state.
new text end

new text begin Subd. 3. new text end

new text begin Consolidation required. new text end

new text begin In order to receive a grant under this subdivision,
Independent School Districts Nos. 403, Ivanhoe, and 404, Lake Benton, and any other
district that chooses to join, must conduct a successful referendum to consolidate.
new text end

new text begin Subd. 4. new text end

new text begin Information provided. new text end

new text begin The consolidating school districts receiving the
innovative rural school grant must agree to provide the state and other school districts with
information and data about its energy savings.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end

Sec. 2. new text begin STATE BOND AUTHORIZATION.
new text end

new text begin To provide money for the grant to the Lake Benton and Ivanhoe school districts,
and any other district that chooses to consolidate with Lake Benton and Ivanhoe, the
commissioner of finance, upon the request of the commissioner of education, shall issue
and sell bonds of the state up to the amount of $4,000,000 in the manner, upon the terms,
and with the effect prescribed by sections 16A.631 to 16A.675 and the Minnesota
Constitution, article XI, sections 4 to 7.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end