SF 596

as introduced - 90th Legislature (2017 - 2018) Posted on 02/03/2017 09:01am

A bill for an act
relating to capital investment; appropriating money for the Como 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 COMO ZOO HABITAT PRESERVATION EXHIBIT RENOVATION.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $15,455,000 is appropriated from the bond proceeds
fund to the Metropolitan Council for a grant to the city of St. Paul for predesign, design,
and engineering of phase 1 of the renovation of habitat preservation at the Como Zoo. The
renovated habitat preservation will support the zoo education programs.
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 $15,455,000 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

Sec. 2. new text begin EFFECTIVE DATE.
new text end

new text begin Section 1 is effective the day following final enactment.
new text end