1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for a federal setting IV 
1.3 	educational facility in Polk County; authorizing the sale and issuance of state 
1.4 	bonds.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. POLK COUNTY; FEDERAL SETTING IV EDUCATIONAL FACILITY.
 1.7 		Subdivision 1.Appropriation. $8,600,000 is appropriated from the bond proceeds fund 
1.8 	to the commissioner of education for a grant to the joint power created by agreement between 
1.9 	Area Special Education Cooperative and Independent School District No. 593, Crookston, 
1.10 	pursuant to Minnesota Statutes, section 471.59, to predesign, design, construct, furnish, and 
1.11 	equip a federal setting IV educational facility in Polk County for autistic students, emotionally 
1.12 	or behaviorally disturbed students, and other students with specific educational needs.
1.13 		Subd. 2.Bond sale. To provide the money appropriated in this section from the bond 
1.14 	proceeds fund, the commissioner of management and budget shall sell and issue bonds of 
1.15 	the state in an amount up to $8,600,000 in the manner, upon the terms, and with the effect 
1.16 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.17 	Constitution, article XI, sections 4 to 7.

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