Minnesota Session Laws - 1985, Regular Session

  

                         Laws of Minnesota 1985 

                         CHAPTER 15-S.F.No. 483 
           An act relating to education; approving a capital loan;
          directing the commissioner to issue bonds to make the 
          loan to independent school district No. 690, Warroad.  
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
    Section 1.  [LOAN TO WARROAD SCHOOL DISTRICT.] 
    The legislature approves a capital loan in the amount of 
$1,295,000 to independent school district No. 690, Warroad.  The 
commissioner of finance shall issue bonds in the amount 
necessary to make the loan subject to the limits, conditions, 
and procedures of Minnesota Statutes, section 124.43.  The loan 
is to be used to partially pay for one new junior and senior 
secondary school. 
    Approved April 10, 1985