1.1 	A bill for an act
1.2 	relating to capital improvements; authorizing the sale of state bonds to provide 
1.3 	funding for an innovative school project in Lincoln County; appropriating money.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. INNOVATIVE RURAL SCHOOL.
 1.6 		Subdivision 1.Appropriation. $4,000,000 is appropriated from the bond proceeds 
1.7 	fund to the commissioner of education for a grant to the fiscal agent for the Lake Benton 
1.8 	and Ivanhoe school districts for an innovative rural school. 
1.9 		Subd. 2.Renewable energy sources. The school must be constructed incorporating 
1.10 	renewable energy sources. Renewable energy sources may include geothermal heating 
1.11 	and cooling, wind energy, solar technologies, or biomass generation. The commissioner 
1.12 	shall award the grant to demonstrate that a school constructed using renewable energy 
1.13 	sources can provide significant operating savings for school districts throughout the state.
1.14 		Subd. 3.Consolidation required. In order to receive a grant under this subdivision, 
1.15 	Independent School Districts Nos. 403, Ivanhoe, and 404, Lake Benton, and any other 
1.16 	district that chooses to join, must conduct a successful referendum to consolidate.
1.17 		Subd. 4.Information provided. The consolidating school districts receiving the 
1.18 	innovative rural school grant must agree to provide the state and other school districts with 
1.19 	information and data about its energy savings.

1.20 	EFFECTIVE DATE. This section is effective the day following final enactment.

1.21 	Sec. 2. STATE BOND AUTHORIZATION.
 2.1 	To provide money for the grant to the Lake Benton and Ivanhoe school districts, 
2.2 	and any other district that chooses to consolidate with Lake Benton and Ivanhoe, the 
2.3 	commissioner of finance, upon the request of the commissioner of education, shall issue 
2.4 	and sell bonds of the state up to the amount of $4,000,000 in the manner, upon the terms, 
2.5 	and with the effect prescribed by sections 16A.631 to 16A.675 and the Minnesota 
2.6 	Constitution, article XI, sections 4 to 7.

2.7 	EFFECTIVE DATE. This section is effective the day following final enactment.