Bill Text: MN SF2307 | 2013-2014 | 88th Legislature | Introduced
Bill Title: Minnesota zoo bond issue and appropriation
Spectrum: Partisan Bill (Democrat 5-0)
Status: (Introduced - Dead) 2014-03-04 - Referred to Finance [SF2307 Detail]
Download: Minnesota-2013-SF2307-Introduced.html
1.2relating to capital investment; appropriating money for the Minnesota Zoo;
1.3authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. MINNESOTA ZOO.
1.6 Subdivision 1. Appropriation. (a) $17,000,000 is appropriated from the bond
1.7proceeds fund to the Minnesota Zoological Garden Board for the purposes of this
1.8subdivision.
1.9(b) $4,000,000 of this appropriation is for capital asset preservation improvements
1.10and betterments to infrastructure and exhibits at the Minnesota Zoo, to be spent in
1.11accordance with Minnesota Statutes, section 16B.307.
1.12(c) $10,000,000 of this appropriation is for the design, renovation, and repair of
1.13the upper and lower plazas; for the design and extension of the plaza; and for design of
1.14the Heart of the Zoo II project.
1.15(d) $3,000,000 of this appropriation is to complete renovation of Discovery Bay to
1.16permit the opening of a new marine exhibit.
1.17 Subd. 2. Bond sale. To provide the money appropriated in this section from the
1.18bond proceeds fund, the commissioner of management and budget shall sell and issue
1.19bonds of the state in an amount up to $17,000,000 in the manner, upon the terms, and with
1.20the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.21Minnesota Constitution, article XI, sections 4 to 7.
1.22EFFECTIVE DATE.This section is effective the day following final enactment.
1.3authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. MINNESOTA ZOO.
1.6 Subdivision 1. Appropriation. (a) $17,000,000 is appropriated from the bond
1.7proceeds fund to the Minnesota Zoological Garden Board for the purposes of this
1.8subdivision.
1.9(b) $4,000,000 of this appropriation is for capital asset preservation improvements
1.10and betterments to infrastructure and exhibits at the Minnesota Zoo, to be spent in
1.11accordance with Minnesota Statutes, section 16B.307.
1.12(c) $10,000,000 of this appropriation is for the design, renovation, and repair of
1.13the upper and lower plazas; for the design and extension of the plaza; and for design of
1.14the Heart of the Zoo II project.
1.15(d) $3,000,000 of this appropriation is to complete renovation of Discovery Bay to
1.16permit the opening of a new marine exhibit.
1.17 Subd. 2. Bond sale. To provide the money appropriated in this section from the
1.18bond proceeds fund, the commissioner of management and budget shall sell and issue
1.19bonds of the state in an amount up to $17,000,000 in the manner, upon the terms, and with
1.20the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.21Minnesota Constitution, article XI, sections 4 to 7.
1.22EFFECTIVE DATE.This section is effective the day following final enactment.
