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SF 3240

as introduced - 89th Legislature (2015 - 2016) Posted on 04/15/2016 09:11am

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

Current Version - as introduced

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A bill for an act
relating to natural resources; modifying watershed district's authority to use
revenue from leasing state bond-financed property; appropriating money;
amending Minnesota Statutes 2015 Supplement, section 103D.335, subdivision
21.

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

Section 1.

Minnesota Statutes 2015 Supplement, section 103D.335, subdivision 21,
is amended to read:


Subd. 21.

Contracts.

The managers may make contracts or other arrangements with
the federal government, persons, railroads or other corporations, political subdivisions,
and the state or other states, with drainage authorities, flood control, soil conservation, or
other improvement districts in this state or other states, for cooperation or assistance in
constructing, maintaining, and operating the projects of the watershed district, or for the
control of its waters, or for making surveys and investigations or reports on them. Property
acquired for flood damage reduction purposes by the watershed district may be operated
or leased by the district for agricultural purposes during periods the property is not needed
for flood control, provided it remains subject to use by the watershed district as necessary
for flood control purposes. Notwithstanding section 16A.695, revenue received by the
watershed district from the operation or lease of state bond financed property acquired
for flood control purposes shall be retained by the district in a separate project-specific
account and used solely for flood control operation, maintenance, and replacement
purposes within the related project area deleted text begin and, if the district determines that the account
contains adequate reserves for future operation, maintenance, and replacement
deleted text end new text begin . When the
amount in the project-specific account exceeds five percent of the original project cost
new text end , any
excess deleted text begin may be used for the construction, operation, maintenance, or replacement of other
flood control projects as approved by the commissioner
deleted text end new text begin revenue received by the watershed
district must be deposited in the general fund and is appropriated to the commissioner of
natural resources for flood hazard mitigation grants under section 103F.161
new text end .