1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for a special education learning 
1.3 	center in the city of New London; authorizing the sale and issuance of state bonds.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. NEW LONDON; SPECIAL EDUCATION LEARNING CENTER.
 1.6 		Subdivision 1.Appropriation. $6,000,000 is appropriated from the bond proceeds fund 
1.7 	to the commissioner of employment and economic development for a grant to the city of 
1.8 	New London economic development authority to acquire property for and to predesign, 
1.9 	design, construct, furnish, and equip a special education learning center to provide regional 
1.10 	educational service alternatives to at-risk students, special education students, students with 
1.11 	severe disabilities, students with a diagnosis of autism spectrum disorder, and students with 
1.12 	behavioral issues. The economic development authority may enter into a lease or management 
1.13 	agreement with a service cooperative established under Minnesota Statutes, section 123A.21, 
1.14 	subject to Minnesota Statutes, section 16A.695.
1.15 		Subd. 2.Bond sale. To provide the money appropriated in this section from the bond 
1.16 	proceeds fund, the commissioner of management and budget shall sell and issue bonds of 
1.17 	the state in an amount up to $6,000,000 in the manner, upon the terms, and with the effect 
1.18 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.19 	Constitution, article XI, sections 4 to 7.

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