HF 2688

as introduced - 86th Legislature (2009 - 2010) Posted on 02/09/2010 11:32pm

A bill for an act
relating to capital improvements; authorizing the sale and issuance of state
bonds; appropriating money for flood hazard mitigation grants.

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

Section 1. new text begin FLOOD HAZARD MITIGATION GRANTS; APPROPRIATION.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin (a) $70,000,000 is appropriated from the bond
proceeds fund to the commissioner of natural resources for the state share of flood hazard
mitigation grants for publicly owned capital improvements to prevent or alleviate flood
damage under Minnesota Statutes, section 103F.161.
new text end

new text begin (b) This appropriation includes money for county and municipal projects in the
Red River Valley, as prioritized by the commissioner based on need, including but not
limited to the following: Ada; Borup; Breckenridge; Clay County; Climax; Crookston;
Felton; Georgetown; Halstad; Hendrum; Moorhead; Nielsville; Oakport Township; Oslo;
Perley; Roseau; and Shelly.
new text end

new text begin (c) This appropriation includes money for the following other county and municipal
projects, as prioritized by the commissioner, based on need: Afton; Austin; Granite Falls;
Inver Grove Heights; Montevideo; and Rushford.
new text end

new text begin (d) This appropriation includes money for the following watershed district projects,
as prioritized by the commissioner based on need: Brandt Angus, Middle-Snake-Tamarac
Rivers Watershed District; Fountain Lake, Shell Rock River Watershed District; Grand
Marais Creek, Red Lake Watershed District; Hay Creek-Norland, Roseau Watershed
District; Manston Slough, Buffalo-Red River Watershed District; North Ottawa, Bois de
Sioux Watershed District; Red Path, Bois de Sioux Watershed District; Springbrook, Two
Rivers Watershed District; Thief River Falls, County Ditch No. 1, Red Lake Watershed
District; Upper Becker Dams, Wild Rice Watershed District; and Upper South Branch,
Buffalo-Red River Watershed District.
new text end

new text begin (e) For any project listed in this subdivision that the commissioner determines is not
ready to proceed or does not expend all the money allocated to it, the commissioner may
allocate that project's money to a project on the commissioner's priority list.
new text end

new text begin (f) To the extent that the cost of a project in paragraph (b) or (c) exceeds two
percent of the median household income in the municipality multiplied by the number of
households in the municipality, this appropriation is also for the local share of the project.
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 $70,000,000 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.
new text end

Sec. 2. new text begin EFFECTIVE DATE.
new text end

new text begin Section 1 is effective the day following final enactment.
new text end