1.1 	A bill for an act
1.2 	relating to capital improvements; authorizing spending to acquire and better 
1.3 	public land and buildings and other public improvements of a capital nature; 
1.4 	authorizing the issuance of general obligation bonds; appropriating money for 
1.5 	city of Delano flood hazard mitigation.
1.6 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.7 	Section 1. APPROPRIATION; DELANO FLOOD HAZARD MITIGATION.
 1.8 	$1,200,000 is appropriated from the bond proceeds fund to the commissioner of 
1.9 	natural resources for the flood hazard mitigation program for a grant to the city of Delano 
1.10 	to acquire property and remove structures in the flood plain.  Notwithstanding Minnesota 
1.11 	Statutes, section 103F.161, subdivision 2, the grant to the city is for approximately 75 
1.12 	percent of the project costs and this appropriation is not available until the commissioner 
1.13 	of finance has determined that at least $400,000 is committed to the project from nonstate 
1.14 	sources.

1.15 	Sec. 2. BOND SALE.
 1.16 	To provide the money appropriated by section 1 from the bond proceeds fund, 
1.17 	the commissioner of finance shall sell and issue bonds of the state in an amount up to 
1.18 	$1,200,000 in the manner, upon the terms, and with the effect prescribed by Minnesota 
1.19 	Statutes, sections 16A.631 to 16A.675, and by the Minnesota Constitution, article XI, 
1.20 	sections 4 to 7.

1.21 	Sec. 3. EFFECTIVE DATE.
 1.22 	Sections 1 and 2 are effective the day following final enactment.