1.1 	A bill for an act
1.2 	relating to capital investment; authorizing spending to acquire and better public 
1.3 	land and buildings and other improvements of a capital nature; authorizing 
1.4 	the issuance of state bonds; appropriating money for the city of Roseau east 
1.5 	diversion flood control project.
1.6 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.7 	Section 1. CITY OF ROSEAU EAST DIVERSION FLOOD CONTROL 
1.8 	PROJECT.
 1.9 		Subdivision 1.Appropriation. $10,900,000 is appropriated from the bond proceeds 
1.10 	fund to the commissioner of natural resources for flood hazard mitigation under Minnesota 
1.11 	Statutes, section 103F.161. This appropriation is for a grant to the city of Roseau for 
1.12 	phase II of the Roseau east diversion flood control project, including acquisition of land, 
1.13 	predesign, design, construction, furnishing, and equipping the diversion project on the 
1.14 	Roseau River in Roseau County, the city of Roseau, and the adjacent townships of Jadis 
1.15 	and Spruce. To the extent that the cost of the project exceeds two percent of the median 
1.16 	household income in the city multiplied by the number of households in the city, the 
1.17 	appropriation is also for the local share.
1.18 		Subd. 2.Bond sale. To provide the money appropriated in subdivision 1 from 
1.19 	the bond proceeds fund, the commissioner of finance shall sell and issue bonds of the 
1.20 	state in an amount up to $10,900,000 in the manner, upon the terms, and with the effect 
1.21 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.22 	Constitution, article XI, sections 4 to 7.

1.23 	EFFECTIVE DATE. This section is effective the day following final enactment.