HF 960

as introduced - 87th Legislature (2011 - 2012) Posted on 03/09/2011 09:27am

A bill for an act
relating to capital improvements; authorizing the sale and issuance of state
bonds; appropriating money for flood hazard mitigation grants.

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

Section 1. new text begin FLOOD HAZARD MITIGATION GRANTS; APPROPRIATION.
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new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin (a) $55,000,000 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.
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new text begin (b) Project priorities shall be determined by the commissioner as appropriate, based
on need.
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new text begin (c) This appropriation includes money for the following county and municipal
projects as prioritized by the commissioner: Ada, Afton, Austin, Borup, Breckenridge,
Clay County, Climax, Crookston, Felton, Georgetown, Granite Falls, Halstad, Inver Grove
Heights, Montevideo, Moorhead, Nielsville, Oakport Township, Oslo, Perley, Roseau,
Rushford, and Shelly.
new text end

new text begin (d) This appropriation includes money for the following Red River watershed
districts: Springbrook, Two Rivers Watershed District; Hay Creek-Norland, Roseau
Watershed District; Brandt-Angus, Middle-Snake-Tamarac Rivers Watershed District;
Grand Marais, Red Lake Watershed District; Red Path, Bois de Sioux Watershed District;
North Ottawa, Bois de Sioux Watershed District; Shelly and Felton, Wild Rice Watershed
District; and Climax and Neilsville, Sand Hill River Watershed District.
new text end

new text begin (e) For any project listed in this subdivision that the commissioner determines is not
ready to proceed or does not expend all the money allocated to it, the commissioner may
allocate that project's money to a project on the commissioner's priority list.
new text end

new text begin (f) To the extent that the cost of a 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 (g) This appropriation includes money for the following Wild Rice Watershed
District projects:
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new text begin (1) for property acquisitions originally approved by the Federal Emergency
Management Agency for acquisition cost share and then later denied; and
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new text begin (2) for river stability acquisitions.
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new text begin (h) The appropriation for a project funded under paragraph (g), clause (1), is eligible
for up to 100 percent state flood hazard mitigation funding for the acquisition and disposal
of flood-damaged property.
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new text begin (i) The match required for a project funded under paragraph (g), clause (2), is an
amount equal to 50 percent.
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new text begin (j) This appropriation includes money for the following Clay County projects:
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new text begin (1) for property acquisition in Clay County; and
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new text begin (2) for flood mitigation infrastructure in Clay County to protect the Clay County
government campus.
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new text begin (k) The match required for a project funded under paragraph (j), clause (1), 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 (l) The match required for a project funded under paragraph (j), clause (2), is an
amount equal to 12.5 percent of the cost of the project.
new text end

new text begin Subd. 2. 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 $55,000,000 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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new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end