as introduced - 89th Legislature (2015 - 2016) Posted on 08/20/2015 11:40am
A bill for an act
relating to capital investment; appropriating money for the Minnesota Zoo;
authorizing the sale and issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$20,000,000 is appropriated from the bond proceeds
fund to the Minnesota Zoological Board for the purposes specified in this section.
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$4,000,000 is appropriated 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,
the board may use this appropriation to replace buildings that are poor in condition,
outdated, and no longer support the work of the Minnesota Zoo and to construct and
renovate trails and roads on the Minnesota Zoo site.
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$16,000,000 is appropriated to complete the Heart of
the Zoo 2 project, to renovate the snow monkey exhibit and surrounding public spaces.
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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 $20,000,000 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.
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This section is effective the day following final enactment.
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