as introduced - 82nd Legislature (2001 - 2002) Posted on 12/15/2009 12:00am
1.1 A bill for an act 1.2 relating to capital improvements; authorizing the 1.3 issuance of state bonds; appropriating money for Phase 1.4 I of the Facilities and Business Master Plan at the 1.5 Minnesota Zoological Garden. 1.6 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.7 Section 1. [APPROPRIATION.] 1.8 $18,600,000 is appropriated from the bond proceeds fund to 1.9 the Minnesota Zoological Garden in Apple Valley for design, 1.10 construction, and improvements of a capital nature to zoo 1.11 facilities consistent with Phase I of the Facilities and 1.12 Business Master Plan. This appropriation is not available until 1.13 the commissioner has determined that additional funds equal to 1.14 25 percent of the appropriated amount have been committed to the 1.15 project from nonstate funds. 1.16 Sec. 2. [BOND SALE.] 1.17 To provide the money appropriated in this act from the bond 1.18 proceeds fund, the commissioner of finance shall sell and issue 1.19 bonds of the state in an amount up to $18,600,000 in the manner, 1.20 upon the terms, and with the effect prescribed by Minnesota 1.21 Statutes, sections 16A.631 to 16A.675, and by the Minnesota 1.22 Constitution, article XI, sections 4 to 7. 1.23 Sec. 3. [EFFECTIVE DATE.] 1.24 Sections 1 and 2 are effective the day following final 1.25 enactment.