as introduced - 86th Legislature (2009 - 2010) Posted on 02/09/2010 02:03am
Engrossments | ||
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Introduction | Posted on 05/13/2009 |
A bill for an act
relating to capital improvements; appropriating money for flood hazard
mitigation in Area II of the Minnesota River Basin; authorizing the sale and
issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$1,000,000 is appropriated from the bond proceeds fund to the commissioner
of natural resources for a grant to the Minnesota River Board for the state's share of
a flood hazard mitigation grant for publicly owned capital improvements to prevent or
alleviate flood damage under Minnesota Statutes, section 103F.161, in Area II of the
Minnesota River Basin.
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To provide the money appropriated in section 1 from the bond proceeds fund,
the commissioner of finance shall sell and issue bonds of the state in an amount up to
$1,000,000 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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Sections 1 and 2 are effective the day following final enactment.
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