The bill proposes an appropriation of $1,059,000 from the bond proceeds fund to the commissioner of employment and economic development for a grant to the Lake Superior Center Authority. This funding is designated for the predesign, design, construction, and renovation of capital improvements at the Great Lakes Aquarium. The improvements will focus on preserving or replacing essential systems such as mechanical, electrical, and water treatment systems, as well as upgrading utility systems, enhancing life-safety measures, and making exterior improvements to the facility's building envelope, parking, and grounds.
To finance this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $1,059,000, following the procedures outlined in Minnesota Statutes and the Minnesota Constitution. The effective date of this section will be the day following its final enactment.