1.1                          A bill for an act 
  1.2             relating to capital investments; appropriating money 
  1.3             for a school building in independent school district 
  1.4             No. 381, Lake Superior; authorizing state bonds. 
  1.5   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.6      Section 1.  [LAKE SUPERIOR SCHOOL DISTRICT.] 
  1.7      Subdivision 1.  [APPROPRIATION.] $3,000,000 is appropriated 
  1.8   from the bond proceeds fund to independent school district No. 
  1.9   381, Lake Superior, for the construction of a school building. 
  1.10     Subd. 2.  [BOND SALE.] To provide the money appropriated 
  1.11  under this section from the bond proceeds fund, the commissioner 
  1.12  of finance shall sell and issue bonds of the state in an amount 
  1.13  up to $3,000,000 in the manner, upon the terms, and with the 
  1.14  effect prescribed by Minnesota Statutes, sections 16A.631 to 
  1.15  16A.675, and by the Minnesota Constitution, article XI, sections 
  1.16  4 to 7. 
  1.17     <b>[EFFECTIVE DATE.]</b> This section is effective the day 
  1.18  following final enactment.