as introduced - 88th Legislature (2013 - 2014) Posted on 02/25/2013 02:18pm
A bill for an act
relating to capital improvements; appropriating money for the Seidl's Lake flood
mitigation project; authorizing the sale and issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$500,000 is appropriated from the bond proceeds fund to the commissioner of natural
resources for a grant to the city of South St. Paul for predesign, design, and construction of
a flood mitigation project to alleviate flooding of Seidl's Lake. This flood mitigation project
may include natural drainage or a pumping system to ensure that the water surface level of
Seidl's Lake is maintained at a normal elevation, or no flooding to the surrounding areas.
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The appropriation is not available until the commissioner determines that at least an
equal amount has been committed to the project from nonstate sources.
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To provide the money appropriated in section 1 from the bond proceeds fund, the
commissioner of management and budget shall sell and issue bonds of the state in an
amount up to $500,000 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.
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Sections 1 and 2 are effective the day following final enactment.
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