HF1666

Purpose of the Bill

The purpose of this bill is to support the establishment of a child care center in the city of Slayton, Minnesota, by providing funds through state bonds. This initiative aims to enhance the availability of child care services within the community.

Main Provisions

• Appropriation of Funds: The bill proposes an appropriation of $3,000,000 to be granted to the city of Slayton. This sum is allocated from the bond proceeds fund to be used specifically for designing, constructing, furnishing, and equipping a child care facility.

• Grant Management: The city of Slayton is permitted to enter into a lease or management agreement for the operation of the child care facility. This flexibility allows the city to manage the facility efficiently while ensuring its operation aligns with local needs.

• Bond Issuance: To provide the necessary funding, the bill authorizes the sale and issuance of state bonds up to the amount of $3,000,000. This financial mechanism is outlined in the relevant Minnesota Statutes and the state constitution.

Significant Changes to Existing Law

• The bill specifies that the appropriated grant is exempt from certain subdivisions of Minnesota Statutes section 116J.417, which may typically apply to such appropriations. These exemptions aim to streamline the process and facilitate the quicker establishment of the child care facility.

Relevant Terms

• Capital investment
• Child care center
• State bonds
• Appropriation
• Minnesota Statutes
• Grant management