HF 1683

as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am

A bill for an act
relating to natural resources; authorizing the
acquisition of lakeshore with county environmental
trust fund resources; amending Laws 1998, chapter 389,
article 16, section 31, subdivision 4, as amended.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Laws 1998, chapter 389, article 16, section 31,
subdivision 4, as amended by Laws 1999, chapter 180, section 3,
and Laws 2001, chapter 164, section 5, is amended to read:

Subd. 4.

County environmental trust fund.

new text begin (a)
new text end Notwithstanding the provisions of Minnesota Statutes, chapter
282, and any other law relating to the apportionment of proceeds
from the sale of tax-forfeited land, and except as otherwise
provided in this section, a county board must deposit the money
received from the sale of land under subdivision 3 into an
environmental trust fund established by the county under this
subdivision. The following may be withheld by a county board
and are not required to be deposited into an environmental trust
fund: the costs of appraisal, abstracts, and surveys; money
received from a sale which is attributable to land owned by a
county in fee; amounts paid to lessees for improvements; amounts
paid to acquire land which is included in a county plan for
exchange and is conveyed to the state in the exchange, including
the purchase price, appraisal, abstract, survey, and closing
costs; and the costs of sale to lessees or other parties,
including the costs of advertising, realtors, and closing
services. new text begin Except as provided in paragraph (b), new text end if the proceeds
from the sale of tax-forfeited land in a county is $250,000 or
more, the principal from the sale of the land may not be
expended, and the county board may spend interest earned on the
principal only for purposes related to the improvement of
natural resources. To the extent money received from the sale
is attributable to tax-forfeited land from another county, the
money must be deposited in an environmental trust fund
established under this section by that county board.

new text begin (b) The principal of an environmental trust fund,
established by the county under this subdivision, may be spent
on the acquisition and improvement of public access sites, as
provided in Minnesota Statutes, section 86B.205, subdivision 7.
If environmental trust fund money is used for the acquisition or
improvement of a public access under this paragraph and the site
is sold, the net proceeds to the county from the sale must be
deposited in the environmental trust fund.
new text end