HF2927 (Legislative Session 94 (2025-2026))
Great Lakes Aquarium capital improvements funding provided, bonds issued, and money appropriated.
AI Generated Summary
Purpose of the Bill
The bill aims to fund capital improvements for the Great Lakes Aquarium in Minnesota. This funding comes from the sale of state bonds, which will provide financial resources for necessary upgrades and renovations at the facility.
Main Provisions
- Appropriation of Funds: A total amount of $1,059,000 is allocated from the bond proceeds fund. This money is meant for the Lake Superior Center Authority to undertake predesigning, designing, constructing, and renovating the Great Lakes Aquarium.
- Intended Improvements: The improvements include preservation or replacement of mechanical, electrical, and water treatment systems. It also covers utility upgrades, life safety improvements, and enhancements to the building's exterior, parking, and surrounding grounds.
- Authorization for Bond Sale: The commissioner of management and budget is authorized to sell and issue state bonds up to the amount of $1,059,000 to support these improvements.
Significant Changes
- The bill specifically arranges state funding through bond sales for the Great Lakes Aquarium, establishing a financial commitment for specific capital improvements necessary for the facility's maintenance and enhancement. This represents a significant state investment in upgrading the facility's infrastructure and ensuring safety and efficiency.
Relevant Terms
- Great Lakes Aquarium
- State bonds
- Lake Superior Center Authority
- Capital improvements
- Renovation
- Mechanical systems
- Electrical systems
- Water treatment systems
- Utility upgrades
- Life safety improvements
Bill text versions
- Introduction PDF file
Actions
Date | Chamber | Where | Type | Name | Committee Name |
---|---|---|---|---|---|
March 26, 2025 | House | Floor | Action | Introduction and first reading, referred to | Capital Investment |
Citations
[ { "analysis": { "added": [], "removed": [], "summary": "Specifies the procedures for the sale and issuance of state bonds.", "modified": [] }, "citation": "16A.631 to 16A.675", "subdivision": "" } ]