Bill Text: MN HF1125 | 2011-2012 | 87th Legislature | Introduced


Bill Title: Coon Rapids Dam renovation funding provided, bonds issued, and money appropriated.

Spectrum: Bipartisan Bill

Status: (Introduced - Dead) 2011-05-02 - Motion to recall and re-refer, motion prevailed Capital Investment [HF1125 Detail]

Download: Minnesota-2011-HF1125-Introduced.html

1.1A bill for an act
1.2relating to capital investment; appropriating money for renovation of the Coon
1.3Rapids Dam as an invasive fish barrier; authorizing the sale and issuance of
1.4state bonds.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6    Section 1. COON RAPIDS DAM RENOVATION AS A FISH BARRIER.
1.7    Subdivision 1. Appropriation. $16,000,000 is appropriated from the bond proceeds
1.8fund to the commissioner of natural resources for design and renovation of the Coon
1.9Rapids Dam to function as a barrier to invasive fish. This appropriation is not available
1.10until the commissioner of natural resources is the owner of the dam.
1.11    Subd. 2. Bond sale. To provide the money appropriated in this section from the
1.12bond proceeds fund, the commissioner of management and budget shall sell and issue
1.13bonds of the state in an amount up to $16,000,000 in the manner, upon the terms, and with
1.14the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.15Minnesota Constitution, article XI, sections 4 to 7.
1.16EFFECTIVE DATE.This section is effective the day following final enactment.
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