Bill Text: MN HF504 | 2011-2012 | 87th Legislature | Introduced


Bill Title: Red River of the North; flood damage reduction project funding provided, bonds issued, and money appropriated.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Introduced - Dead) 2011-02-14 - Introduction and first reading, referred to Environment, Energy and Natural Resources Policy and Finance [HF504 Detail]

Download: Minnesota-2011-HF504-Introduced.html

1.1A bill for an act
1.2relating to capital investment; appropriating money to implement flood damage
1.3reduction projects in the Red River of the North; authorizing the sale and
1.4issuance of state bonds.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6    Section 1. FLOOD DAMAGE REDUCTION PROJECTS; FLOOD HAZARD
1.7MITIGATION GRANTS.
1.8    Subdivision 1. Appropriation. (a) $9,720,000 is appropriated from the bond
1.9proceeds fund to the commissioner of natural resources for the state share of flood hazard
1.10mitigation grants for publicly owned capital improvements to prevent or alleviate flood
1.11damage under Minnesota Statutes, section 103F.161, and enhance natural resources
1.12consistent with the flood damage reduction mediation agreement.
1.13(b) This appropriation includes money for the following watershed district projects:
1.14(1) Shelly, Felton, Hendrum, and Perley, Wild Rice Watershed District, $5,100,000;
1.15and
1.16(2) Climax and Neilsville, Sand Hill River Watershed District, $4,620,000.
1.17(c) For any project listed in this subdivision that the commissioner determines is not
1.18ready to proceed or does not expend all the money allocated to it, the commissioner may
1.19allocate that project's money to a project on the commissioner's priority list.
1.20(d) To the extent that the cost of a project to achieve three feet above the 100-year
1.21flood protection in Shelly, Felton, Hendrum, Perley, Climax, or Neilsville exceeds two
1.22percent of the median household income in the municipality multiplied by the number of
1.23households in the municipality, this appropriation is also for the local share of the project.
2.1    Subd. 2. Appropriation; Wild Rice Watershed District. (a) $1,435,000 is
2.2appropriated from the bond proceeds fund to the commissioner of natural resources for
2.3the state share of flood hazard mitigation grants for publicly owned capital improvements
2.4to prevent or alleviate flood damage under Minnesota Statutes, section 103F.161, and
2.5to enhance natural resources consistent with the flood damage reduction mediation
2.6agreement. Of this appropriation:
2.7(1) $935,000 is for property acquisitions originally approved by the Federal
2.8Emergency Management Agency for acquisition cost share and then later denied; and
2.9(2) $500,000 is for river stability acquisitions.
2.10(b) The appropriation for the project funded under paragraph (a), clause (1), is
2.11eligible for up to 100 percent state flood hazard mitigation funding for the acquisition
2.12and disposal of flood-damaged property.
2.13(c) The project funded under paragraph (a), clause (2), requires a 50 percent match.
2.14(d) For any project listed in this subdivision that the commissioner determines is not
2.15ready to proceed or does not expend all the money allocated to it, the commissioner may
2.16allocate that project's money to a project on the commissioner's priority list.
2.17    Subd. 3. Bond sale. To provide the money appropriated in this section from the
2.18bond proceeds fund, the commissioner of management and budget shall sell and issue
2.19bonds of the state in an amount up to $11,155,000 in the manner, upon the terms, and with
2.20the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
2.21Minnesota Constitution, article XI, sections 4 to 7.
2.22EFFECTIVE DATE.This section is effective the day following final enactment.
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