SF 2999

as introduced - 89th Legislature (2015 - 2016) Posted on 03/22/2016 09:16am

A bill for an act
relating to capital investment; extending availability of an earlier appropriation
for a Lake Zumbro project; amending Laws 2012, chapter 293, section 7,
subdivision 8.

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

Section 1.

Laws 2012, chapter 293, section 7, subdivision 8, is amended to read:

Subd. 8. Lake Zumbro

3,000,000

For a grant to Olmsted County for the
removal of sedimentation in Lake Zumbro,
including final engineering, dredging,
and dredged soil disposal from the sites
identified in the Preliminary Engineering
Report for Dredging Lake Zumbro.
This project is designed to improve the
recreational economy, water quality, and
habitat, and increase water storage capacity
within the lake to achieve renewable
energy goals by optimizing long-term
hydroelectric operations. This appropriation
is not available until the commissioner
has determined that at least an equal
amount has been committed to the project
from nonstate sources. new text begin Notwithstanding
Minnesota Statutes, section 16A.642, the
bond authorization and appropriation of bond
proceeds for this project are available until
December 31, 2018.
new text end