HF 3037

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

A bill for an act
relating to capital improvements; authorizing the issuance of state bonds;
appropriating money for dike improvements at St. Vincent in Kittson County.

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

Section 1. new text begin ST. VINCENT DIKE IMPROVEMENTS.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation; 25-year flood protection. new text end

new text begin $355,000 is appropriated
from the bond proceeds fund to the commissioner of natural resources for the state share
of a flood hazard mitigation grant under Minnesota Statutes, section 103F.161, to the city
of St. Vincent in Kittson County to renovate the existing dike on the Red River of the
North to a condition sufficient to earn certification from the U.S. Army Corps of Engineers
that the dike will protect the city from a 25-year flood.
new text end

new text begin This appropriation is not available until the commissioner has determined that at
least an equal amount has been committed to the project from nonstate sources.
new text end

new text begin Subd. 2. new text end

new text begin Appropriation; 100-year flood protection. new text end

new text begin $100,000 is appropriated from
the bond proceeds fund to the commissioner of natural resources for the state share of a
flood hazard mitigation grant under Minnesota Statutes, section 103F.161, to the city of St.
Vincent in Kittson County to predesign renovation of the existing dike on the Red River
of the North to a condition sufficient to earn certification from the U.S. Army Corps of
Engineers that the dike will protect the city from a 100-year flood.
new text end

new text begin This appropriation is not available until the commissioner has determined that at
least an equal amount has been committed to the project from nonstate sources.
new text end

new text begin Subd. 3. new text end

new text begin Bond sale. new text end

new text begin To provide the money appropriated in this act from the bond
proceeds fund, the commissioner of finance shall sell and issue bonds of the state in an
amount up to $455,000 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 This act is effective the day following final enactment.
new text end