HF 2687

as introduced - 86th Legislature (2009 - 2010) Posted on 02/09/2010 11:32pm

A bill for an act
relating to capital improvements; authorizing the sale and issuance of state
bonds; appropriating money for flood mitigation in the Red River Valley.

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

Section 1. new text begin RED RIVER BASIN FLOOD DAMAGE REDUCTION PROJECTS;
FLOOD HAZARD MITIGATION GRANTS; APPROPRIATION.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation; Moorhead. new text end

new text begin (a) $34,000,000 is appropriated from
the bond proceeds fund to the commissioner of natural resources for the state share
of flood hazard mitigation grants for publicly owned capital improvements to prevent
or alleviate flood damage under Minnesota Statutes, section 103F.161, and to enhance
natural resources consistent with the flood damage reduction mediation agreement. Of
this appropriation:
new text end

new text begin (1) $12,000,000 is for interim flood mitigation infrastructure in the city of Moorhead;
new text end

new text begin (2) $10,000,000 is for property acquisition in the city of Moorhead; and
new text end

new text begin (3) $12,000,000 is for the United States Army Corps of Engineers Fargo-Moorhead
metropolitan project.
new text end

new text begin (b) For the purpose of determining any local match required, the project includes all
local flood-related activities occurring after April 2009 and projects resulting from the
United States Army Corps of Engineers Fargo-Moorhead Metropolitan Feasibility Study.
new text end

new text begin (c) To the extent that the cost of the project exceeds two percent of the median
household income in the municipality multiplied by the number of households in the
municipality, this appropriation is also for the local share of the project.
new text end

new text begin Subd. 2. new text end

new text begin Appropriation; Clay County. new text end

new text begin (a) $9,700,000 is appropriated from
the bond proceeds fund to the commissioner of natural resources for the state share
of flood hazard mitigation grants for publicly owned capital improvements to prevent
or alleviate flood damage under Minnesota Statutes, section 103F.161, and to enhance
natural resources consistent with the flood damage reduction mediation agreement. Of
this appropriation:
new text end

new text begin (1) $6,110,000 is for property acquisition in Clay County;
new text end

new text begin (2) $1,790,000 is to repair damages to Clay County State-Aid Highway 10 caused
by the 2009 flood response; and
new text end

new text begin (3) $1,800,000 is for flood mitigation infrastructure in Clay County to protect the
Clay County government campus.
new text end

new text begin (b) The match required for a project funded under paragraph (a), clause (1) or (2),
is an amount equal to two percent of the median household income in the township
multiplied by the number of households in the township in which the project is located.
new text end

new text begin (c) The match required for a project funded under paragraph (a), clause (3), is an
amount equal to 12.5 percent of the cost of the project.
new text end

new text begin Subd. 3. new text end

new text begin Appropriation; Buffalo-Red River Watershed District. new text end

new text begin (a) $5,000,000
is appropriated from the bond proceeds fund to the commissioner of natural resources for
the state share of a flood hazard mitigation grant to the Buffalo‑Red River Watershed
District for publicly owned capital improvements to prevent or alleviate flood damage
under Minnesota Statutes, section 103F.161. Of this appropriation:
new text end

new text begin (1) $3,500,000 is for the project in Oakport Township; and
new text end

new text begin (2) $1,500,000 is for the Georgetown project.
new text end

new text begin (b) To the extent the cost of the project in Oakport Township or Georgetown exceeds
two percent of the median household income in the township multiplied by the number of
households in the township, this appropriation is also for the local share of the project.
new text end

new text begin Subd. 4. new text end

new text begin Bond sale. new text end

new text begin To provide the money appropriated in this section from the
bond proceeds fund, the commissioner of management and budget shall sell and issue
bonds of the state in an amount up to $48,700,000 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.
new text end

Sec. 2. new text begin EFFECTIVE DATE.
new text end

new text begin Section 1 is effective the day following final enactment.
new text end