as introduced - 90th Legislature (2017 - 2018) Posted on 03/01/2018 05:08pm
A bill for an act
relating to capital investment; appropriating money for water quality mitigation
of the Minnesota River-Mankato watershed; authorizing the sale and issuance of
state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$6,875,000 is appropriated from the bond proceeds fund
to the Board of Water and Soil Resources for a grant to the city of Mankato to acquire land
and to design and construct improvements to reduce erosion and improve water quality in
the Minnesota River-Mankato watershed. This appropriation includes money to restore
wetlands, complete in-channel improvements, improve hydraulic performance of the bridge
at the Indian Creek Diversion, and install riverbank stabilization along the Minnesota River.
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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 $6,875,000 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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This section is effective the day following final enactment.
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