HF 3629

as introduced - 93rd Legislature (2023 - 2024) Posted on 02/13/2024 03:52pm

A bill for an act
relating to capital investment; appropriating money for capital projects at the
Minnesota Zoological Garden; authorizing the sale and issuance of state bonds.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. new text begin MINNESOTA ZOOLOGICAL GARDEN.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $45,000,000 is appropriated from the bond proceeds
fund to the Minnesota Zoological Board for the purposes of this section.
new text end

new text begin Subd. 2. new text end

new text begin Animal hospital. new text end

new text begin $35,000,000 of the appropriation in subdivision 1 is to design,
construct, furnish, and equip a new animal hospital building at the Minnesota Zoological
Garden.
new text end

new text begin Subd. 3. new text end

new text begin Asset preservation. new text end

new text begin $10,000,000 of the appropriation in subdivision 1 is for
capital asset preservation improvements and betterments to infrastructure and exhibits at
the Minnesota Zoo, to be spent in accordance with Minnesota Statutes, section 16B.307.
Notwithstanding the specified uses of money under Minnesota Statutes, section 16B.307,
this appropriation may be used to replace buildings that are in poor condition, outdated, and
no longer support the work of the Minnesota Zoological Garden and to construct and renovate
trails and roads on the Minnesota Zoological Garden site.
new text end

new text begin Subd. 4. new text end

new text begin Bond sale. new text end

new text begin To provide the money appropriated in this section from the bond
proceeds fund, the commissioner of management and budget shall sell and issue bonds of
the state in an amount up to $45,000,000 in the manner, upon the terms, and with the effect
prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota
Constitution, article XI, sections 4 to 7.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end