HF 84

as introduced - 93rd Legislature (2023 - 2024) Posted on 01/05/2023 09:53am

A bill for an act
relating to capital investment; appropriating money for the St. James open pit mine
flood mitigation project; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin ST. JAMES OPEN PIT MINE.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin (a) $2,500,000 is appropriated from the bond proceeds
fund to the commissioner of natural resources for the acquisition of land or easements and
for permitting and construction of publicly owned infrastructure to mitigate the imminent
threat to public safety, property, and regional water quality from the rising water at the St.
James open pit mine complex. This appropriation is exempt from the requirements under
Minnesota Statutes, section 16A.86, subdivision 4.
new text end

new text begin (b) Upon substantial completion of the project authorized in this section and after written
notice to the commissioner of management and budget, the commissioner of natural resources
may use any money remaining in this appropriation to design, engineer, and construct
drinking water infrastructure as part of the Aurora and Town of White drinking water system.
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 $2,500,000 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

new text begin EFFECTIVE DATE. new text end

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