1.1                          A bill for an act 
  1.2             relating to education; authorizing state bonds; 
  1.3             appropriating money for a new school facility for 
  1.4             independent school district No. 25, Pine Point. 
  1.5   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.6      Section 1.  [INDEPENDENT SCHOOL DISTRICT NO. 25, PINE 
  1.7   POINT; SCHOOL FACILITY.] 
  1.8      Subdivision 1.  [APPROPRIATION.] $8,700,000 is appropriated 
  1.9   from the bond proceeds fund to independent school district No. 
  1.10  25, Pine Point, for the construction of a new school facility 
  1.11  serving kindergarten through grade 8. 
  1.12     Subd. 2.  [BOND SALE.] To provide the money appropriated in 
  1.13  this act from the bond proceeds fund, the commissioner of 
  1.14  finance, on request of the governor, shall sell and issue bonds 
  1.15  of the state in an amount up to $8,700,000 in the manner, upon 
  1.16  the terms, and with the effect prescribed by Minnesota Statutes, 
  1.17  sections 16A.631 to 16A.675, and by the Minnesota Constitution, 
  1.18  article XI, sections 4 to 7. 
  1.19     Sec. 2.  [EFFECTIVE DATE.] 
  1.20     Section 1 is effective the day following final enactment.