1.1 	A bill for an act
1.2 	relating to capital improvements; authorizing the
1.3 	issuance of state bonds; appropriating money for
1.4 	Austin flooding.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. APPROPRIATION.
 1.7 	$2,000,000 is appropriated from the bond proceeds fund to
1.8 	the commissioner of employment and economic development for
1.9 	grants to local units of government to assist with the cost of
1.10 	rehabilitation and replacement of publicly owned infrastructure,
1.11 	including storm sewers, wastewater and municipal utility
1.12 	service, drinking water systems, and other infrastructure
1.13 	damaged by flooding in the area designated under Presidential
1.14 	Declaration of Major Disaster, DR-1569, whether included in the
1.15 	original declaration or added later by federal government action.
1.16 	This appropriation may also be used to acquire real
1.17 	property substantially damaged by flooding in the area included
1.18 	in DR-1569.
1.19 	For the purposes of this appropriation, criteria,
1.20 	limitations, and repayment requirements in Minnesota Statutes,
1.21 	sections 446A.07, 446A.072, and 446A.081, are waived.

1.22 	Sec. 2. BOND SALE.
 1.23 	To provide the money appropriated in this act from the bond
1.24 	proceeds fund, the commissioner of finance shall sell and issue
1.25 	bonds of the state in an amount up to $2,000,000 in the manner,
2.1 	upon the terms, and with the effect prescribed by Minnesota
2.2 	Statutes, sections 16A.631 to 16A.675, and by the Minnesota
2.3 	Constitution, article XI, sections 4 to 7.

2.4 	Sec. 3. EFFECTIVE DATE.
 2.5 	Sections 1 and 2 are effective the day following final
2.6 	enactment.