1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for a child care center in the 
1.3 	city of Luverne; 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. LUVERNE; CHILD CARE CENTER.
 1.6 		Subdivision 1.Appropriation. $3,800,000 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 	Luverne to acquire property, design, construct, renovate, equip, and furnish a facility for a 
1.9 	child care center. The city may enter into a lease or management agreement for operation 
1.10 	of the program, under Minnesota Statutes, section 16A.695.
1.11 		Subd. 2.Bond sale. To provide the money appropriated in this section from the bond 
1.12 	proceeds fund, the commissioner of management and budget shall sell and issue bonds of 
1.13 	the state in an amount up to $3,800,000 in the manner, upon the terms, and with the effect 
1.14 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.15 	Constitution, article XI, sections 4 to 7.

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