1.1                          A bill for an act
  1.2             relating to education; authorizing a fund transfer for 
  1.3             independent school district No. 601, Fosston. 
  1.4   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.5      Section 1.  [FUND TRANSFER; FOSSTON.] 
  1.6      Notwithstanding Minnesota Statutes, sections 121.912, 
  1.7   121.9121, and 475.61, subdivision 4, on or before June 30, 1997, 
  1.8   independent school district No. 601, Fosston, may permanently 
  1.9   transfer up to $105,000 from the debt redemption fund to its 
  1.10  building construction fund without making a levy reduction. 
  1.11     Sec. 2.  [EFFECTIVE DATE.] 
  1.12     Section 1 is effective the day following final enactment.