SF 2156

as introduced - 87th Legislature (2011 - 2012) Posted on 03/02/2012 08:51am

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

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) $55,000,000 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. Levee projects, to the extent
practicable, shall meet the state standard of three feet above the 100-year flood elevation.
new text end

new text begin (b) Project priorities shall be determined by the commissioner as appropriate, based
on need.
new text end

new text begin (c) This appropriation includes money for the following county and municipal
projects as prioritized by the commissioner: Ada, Afton, Alvarado, Argyle, Austin,
Benson, Borup, Breckenridge, Brownton, Climax, Crookston, Delano, Douglas County,
Felton, Granite Falls, Halstad, Inver Grove Heights, Melrose, Montevideo, Moorhead,
Newport, Nielsville, Oakport Township, Oslo, Roseau, Rushford, St. Vincent, and Shelly.
new text end

new text begin (d) This appropriation includes money for the following watershed projects: North
Ottawa, Bois de Sioux Watershed District; Redpath, Bois de Sioux Watershed District;
Upper Becker, Wild Rice Watershed District; Brandt-Angus, Middle Snake Tamarac
Watershed District; Thief River Falls, Red Lake Watershed District; Roseau Wildlife
Management Area, Roseau River Watershed District; Shell Rock Watershed District; Hay
Creek-Norlund, Roseau Watershed District; and Springbrook, Two Rivers 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 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 act from the bond
proceeds fund, the commissioner of management and budget shall sell and issue bonds of
the state in an amount up to $55,000,000 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

new text begin EFFECTIVE DATE. new text end

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