HF 50

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 to the
city of Roseau for infrastructure repair and
replacement and municipal complex replacement due to
flood damage.

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

Section 1. new text begin APPROPRIATION.
new text end

new text begin (a) $13,219,923 is appropriated from the bond proceeds fund
to the commissioner of employment and economic development for
grants to the city of Roseau for projects to repair damage
caused by flooding within the area designated under Presidential
Declaration of Major Disaster, DR-1419. Among projects for
which grants are authorized are those to acquire land; to
predesign, design, construct, and inspect replacement water and
sewer mains, streets, sidewalks, curbs, gutters, and other
infrastructure damaged by flooding in the area of the city
included in DR-1419, to acquire land; to construct, inspect,
furnish, and equip replaced and relocated facilities for the
city hall, auditorium, library, museum, and police department
that were substantially damaged as a result of flooding in the
city that is the subject of DR-1419.
new text end

new text begin (b) For the purposes of this appropriation, criteria,
limitations, and repayment requirements in Minnesota Statutes,
sections 446A.07, 446A.072, and 446A.081 are waived.
new text end

new text begin (c) Capital costs incurred in calendar year 2005 after the
effective date of this section for projects described in
paragraph (a) are eligible for reimbursement from the grants
authorized in this section.
new text end

Sec. 2. 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 $13,219,923 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. 3. new text begin EFFECTIVE DATE.
new text end

new text begin Sections 1 and 2 are effective the day following final
enactment.
new text end