SF 3253

as introduced - 80th Legislature (1997 - 1998) Posted on 12/15/2009 12:00am

  1.1                          A bill for an act 
  1.2             relating to capital improvements; authorizing bonds 
  1.3             and appropriating money for flood hazard mitigation 
  1.4             grants in Clay county. 
  1.5   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.6      Section 1.  [APPROPRIATION.] 
  1.7      $1,000,000 is appropriated from the bond proceeds fund to 
  1.8   the commissioner of natural resources for flood hazard 
  1.9   mitigation grants under Minnesota Statutes, section 103F.161, 
  1.10  for capital improvements to prevent or alleviate flood damages 
  1.11  in Clay county. 
  1.12     Sec. 2.  [BOND SALE.] 
  1.13     To provide the money appropriated by section 1 from the 
  1.14  bond proceeds fund, the commissioner of finance, on request of 
  1.15  the governor, shall sell and issue bonds of the state in an 
  1.16  amount up to $1,000,000 in the manner, upon the terms, and with 
  1.17  the effect prescribed by Minnesota Statutes, sections 16A.631 to 
  1.18  16A.675, and by the Minnesota Constitution, article XI, sections 
  1.19  4 to 7. 
  1.20     Sec. 3.  [EFFECTIVE DATE.] 
  1.21     Sections 1 and 2 are effective the day following final 
  1.22  enactment.