1.1 	A bill for an act
1.2 	relating to capital improvements; appropriating money
1.3 	for capital improvements at the Minnesota Zoological
1.4 	Garden; authorizing the sale of state bonds; amending
1.5 	Laws 1994, chapter 643, section 27, subdivision 2, as
1.6 	amended.
1.7 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.8 	Section 1. MINNESOTA ZOOLOGICAL GARDEN APPROPRIATION.
 1.9 	$52,200,000 is appropriated from the bond proceeds fund to
1.10 	the Minnesota Zoological Board to design, construct, furnish,
1.11 	and equip improvements of a capital nature at the Minnesota
1.12 	Zoological Garden, consistent with the facilities and business
1.13 	master plan.
1.14 	$10,000,000 is appropriated from the bond proceeds fund to
1.15 	the Minnesota Zoological Board for capital asset preservation
1.16 	improvements and betterments to roofs, mechanical and utility
1.17 	systems, roads and pathways, building envelopes, storm water
1.18 	systems, exhibits, and safety and code compliance upgrades.

1.19 	Sec. 2. BOND SALE.
 1.20 	To provide the money appropriated in this act from the bond
1.21 	proceeds fund, the commissioner of finance shall sell and issue
1.22 	bonds of the state in an amount up to $62,200,000 in the manner,
1.23 	upon the terms, and with the effect prescribed by Minnesota
1.24 	Statutes, sections 16A.631 to 16A.675, and by the Minnesota
1.25 	Constitution, article XI, sections 4 to 7.

1.26 	Sec. 3. Laws 1994, chapter 643, section 27, subdivision 2,
2.1 	as amended by Laws 1996, chapter 463, section 54, is amended to
2.2 	read:
2.3 		Subd. 2.Marine Education Center                    20,500,000
2.4 	To design, construct, furnish, and
2.5 	equip a marine education center and
2.6 	related visitor improvements at the
2.7 	zoo.  This appropriation is intended to
2.8 	complete the project.
2.9 	All of the debt service costs on the
2.10 	bonds sold to finance this project that
2.11 	are due and payable before fiscal year
2.12 	1998 must be paid from dedicated
2.13 	receipts of the Minnesota zoological
2.14 	garden to the commissioner of finance
2.15 	as required by Minnesota Statutes,
2.16 	section 16A.643.  Beginning in fiscal
2.17 	year 1998, 60 percent of the debt
2.18 	service costs on the bonds sold to
2.19 	finance this project must be paid from
2.20 	dedicated receipts of the Minnesota
2.21 	zoological garden to the commissioner
2.22 	of finance as required by Minnesota
2.23 	Statutes, section 16A.643. Beginning
2.24 	in fiscal year 2005, none of the debt
2.25 	service costs on the bonds sold to
2.26 	finance this project need be paid from
2.27 	dedicated receipts of the Minnesota
2.28 	Zoological Garden.
2.29 	The board may not institute an
2.30 	admission fee increase before April 1,
2.31 	2000.

2.32 	Sec. 4. EFFECTIVE DATE.
 2.33 	This act is effective the day following final enactment.