SF 2307

as introduced - 88th Legislature (2013 - 2014) Posted on 03/05/2014 09:02am

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:

Section 1. new text begin MINNESOTA ZOO.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin (a) $17,000,000 is appropriated from the bond
proceeds fund to the Minnesota Zoological Garden Board for the purposes of this
subdivision.
new text end

new text begin (b) $4,000,000 of this appropriation 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.
new text end

new text begin (c) $10,000,000 of this appropriation is for the design, renovation, and repair of
the upper and lower plazas; for the design and extension of the plaza; and for design of
the Heart of the Zoo II project.
new text end

new text begin (d) $3,000,000 of this appropriation is to complete renovation of Discovery Bay to
permit the opening of a new marine exhibit.
new text end

new text begin Subd. 2. 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 $17,000,000 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