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HF 1423

as introduced - 83rd Legislature (2003 - 2004) Posted on 12/15/2009 12:00am

KEY: stricken = removed, old language.
underscored = added, new language.

Current Version - as introduced

  1.1                          A bill for an act 
  1.2             relating to capital improvements; appropriating money 
  1.3             for the Marsh Creek flood mitigation project in the 
  1.4             Wild Rice River watershed district in Mahnomen county; 
  1.5             authorizing the sale of state bonds. 
  1.7      Section 1.  [MARSH CREEK FLOOD MITIGATION.] 
  1.8      Subdivision 1.  [APPROPRIATION.] $3,000,000 is appropriated 
  1.9   from the bond proceeds fund to the commissioner of natural 
  1.10  resources for the state share of a flood hazard mitigation grant 
  1.11  for publicly owned capital improvements to prevent or alleviate 
  1.12  flood damage under Minnesota Statutes, section 103F.161.  The 
  1.13  grant is for the Marsh Creek project in the Wild Rice River 
  1.14  watershed district in Mahnomen county. 
  1.15     Subd. 2.  [BOND SALE.] To provide the money appropriated in 
  1.16  this act from the bond proceeds fund, the commissioner of 
  1.17  finance shall sell and issue bonds of the state in an amount up 
  1.18  to $3,000,000 in the manner, upon the terms, and with the effect 
  1.19  prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, 
  1.20  and by the Minnesota Constitution, article XI, sections 4 to 7. 
  1.21     Sec. 2.  [EFFECTIVE DATE.] 
  1.22     This act is effective the day following final enactment.