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SF 3913

as introduced - 91st Legislature (2019 - 2020) Posted on 03/05/2020 08:25am

KEY: stricken = removed, old language.
underscored = added, new language.

Current Version - as introduced

Line numbers 1.1 1.2 1.3 1.4
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A bill for an act
relating to capital investment; appropriating money for capital improvements at
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 beginMINNESOTA ZOOLOGICAL GARDEN.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation; repurpose monorail to treetop trail. new text end

new text begin $11,000,000 is
appropriated from the bond proceeds fund to the Minnesota Zoological Board to design,
construct, furnish, and equip the renovation of the monorail structure as an elevated pedestrian
trail at the Minnesota Zoo.
new text end

new text begin Subd. 2. new text end

new text begin Appropriation; revitalize animal hospital. new text end

new text begin $5,000,000 is appropriated from
the bond proceeds fund to the Minnesota Zoological Board to design, construct, furnish,
and equip the renovation of the animal hospital at the Minnesota Zoo.
new text end

new text begin Subd. 3. new text end

new text begin Appropriation; asset preservation. new text end

new text begin $10,000,000 is appropriated from the
bond proceeds fund to the Minnesota Zoological Board 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appropriation to replace buildings that are in poor condition, outdated, and no longer support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.
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 $26,000,000 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