The bill proposes an appropriation of $6,000,000 from the bond proceeds fund to support the establishment of a regional special learning education center in New London. This funding will be allocated to the City of New London Economic Development Authority for the acquisition, design, construction, furnishing, and equipping of the center, which aims to provide educational services for at-risk students, special education students, those with severe disabilities, students diagnosed with autism spectrum disorder, and students facing behavioral challenges.
Additionally, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $6,000,000 to finance this appropriation, following the guidelines set forth in Minnesota Statutes and the state constitution. The provisions of this bill will take effect the day after it is enacted.