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HF 3284

as introduced - 93rd Legislature (2023 - 2024) Posted on 04/24/2023 10:57am

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

Current Version - as introduced

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A bill for an act
relating to capital investment; appropriating money for capital improvements to
the Rum River Dam in the city of Anoka; authorizing the sale and issuance of state
bonds.

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

Section 1. new text begin ANOKA; RUM RIVER DAM.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $11,950,000 is appropriated from the bond proceeds
fund to the commissioner of natural resources for a grant to the city of Anoka for
improvements and betterments of a capital nature to the Rum River Dam in the city of
Anoka. This appropriation includes money for operation and safety improvements;
improvements to facilitate hydroelectric power generation and river surfing; and modification
of the existing spillway into a lock or the incorporation of a fish passage if a lock is
determined to not be feasible.
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 $11,950,000 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

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end