Bill Text: MN HF1653 | 2011-2012 | 87th Legislature | Introduced
Bill Title: Delano; flood hazard mitigation funding provided, bonds issued, and money appropriated.
Sponsorship: Partisan Bill (Republican 1)
Status: (Introduced - Dead) 2011-05-03 - Introduction and first reading, referred to Environment, Energy and Natural Resources Policy and Finance [HF1653 Detail]
Download: Minnesota-2011-HF1653-Introduced.html
1.2relating to capital investment; appropriating money for flood hazard mitigation in
1.3Delano; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. DELANO FLOOD HAZARD MITIGATION.
1.6 Subdivision 1. Appropriation. $4,000,000 is appropriated from the bond proceeds
1.7fund to the commissioner of natural resources for a grant to the city of Delano for publicly
1.8owned capital improvements to prevent or alleviate flood damage under Minnesota
1.9Statutes, section 103F.161.
1.10 Subd. 2. Bond sale. To provide the money appropriated in this section from the
1.11bond proceeds fund, the commissioner of management and budget shall sell and issue
1.12bonds of the state in an amount up to $4,000,000 in the manner, upon the terms, and with
1.13the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.14Minnesota Constitution, article XI, sections 4 to 7.
1.15EFFECTIVE DATE.This section is effective the day following final enactment.
1.3Delano; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. DELANO FLOOD HAZARD MITIGATION.
1.6 Subdivision 1. Appropriation. $4,000,000 is appropriated from the bond proceeds
1.7fund to the commissioner of natural resources for a grant to the city of Delano for publicly
1.8owned capital improvements to prevent or alleviate flood damage under Minnesota
1.9Statutes, section 103F.161.
1.10 Subd. 2. Bond sale. To provide the money appropriated in this section from the
1.11bond proceeds fund, the commissioner of management and budget shall sell and issue
1.12bonds of the state in an amount up to $4,000,000 in the manner, upon the terms, and with
1.13the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.14Minnesota Constitution, article XI, sections 4 to 7.
1.15EFFECTIVE DATE.This section is effective the day following final enactment.
