Bill Text: MN HF734 | 2011-2012 | 87th Legislature | Introduced
Bill Title: Moorhead; flood damage reduction project funding provided, bonds issued, and money appropriated.
Spectrum: Bipartisan Bill
Status: (Introduced - Dead) 2011-03-14 - Author added Marquart [HF734 Detail]
Download: Minnesota-2011-HF734-Introduced.html
1.2relating to capital investment; appropriating money to implement a flood damage
1.3reduction project of a capital nature with certain conditions in the Moorhead
1.4area; authorizing the sale and issuance 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; Moorhead. $17,000,000 is appropriated from the
1.9bond proceeds fund to the commissioner of natural resources for the state share of flood
1.10hazard mitigation grants for publicly owned capital improvements to prevent or alleviate
1.11flood damage under Minnesota Statutes, section 103F.161, and enhance natural resources
1.12consistent with the Red River Basin Flood Damage Reduction Mediation Agreement. Of
1.13this appropriation:
1.14(1) $12,000,000 is for interim flood mitigation infrastructure and property acquisition
1.15in Moorhead; and
1.16(2) $5,000,000 is for the Fargo-Moorhead metropolitan diversion project proposed
1.17by the United States Army Corps of Engineers.
1.18(b) For the purposes of determining any local match required, the project is
1.19defined to include all local flood-related activities subsequent to April 2009 and projects
1.20resulting from the United States Army Corps of Engineers Fargo-Moorhead Metropolitan
1.21Feasibility Study.
1.22(c) To the extent that the cost of the project exceeds two percent of the median
1.23household income in the municipality multiplied by the number of households in the
1.24municipality, this appropriation is also for the local share of the project.
2.1 Subd. 2. Bond sale. To provide the money appropriated in this section from the
2.2bond proceeds fund, the commissioner of management and budget shall sell and issue
2.3bonds of the state in an amount up to $17,000,000 in the manner, upon the terms, and with
2.4the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
2.5Minnesota Constitution, article XI, sections 4 to 7.
2.6EFFECTIVE DATE.This section is effective the day following final enactment.
1.3reduction project of a capital nature with certain conditions in the Moorhead
1.4area; authorizing the sale and issuance 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; Moorhead. $17,000,000 is appropriated from the
1.9bond proceeds fund to the commissioner of natural resources for the state share of flood
1.10hazard mitigation grants for publicly owned capital improvements to prevent or alleviate
1.11flood damage under Minnesota Statutes, section 103F.161, and enhance natural resources
1.12consistent with the Red River Basin Flood Damage Reduction Mediation Agreement. Of
1.13this appropriation:
1.14(1) $12,000,000 is for interim flood mitigation infrastructure and property acquisition
1.15in Moorhead; and
1.16(2) $5,000,000 is for the Fargo-Moorhead metropolitan diversion project proposed
1.17by the United States Army Corps of Engineers.
1.18(b) For the purposes of determining any local match required, the project is
1.19defined to include all local flood-related activities subsequent to April 2009 and projects
1.20resulting from the United States Army Corps of Engineers Fargo-Moorhead Metropolitan
1.21Feasibility Study.
1.22(c) To the extent that the cost of the project exceeds two percent of the median
1.23household income in the municipality multiplied by the number of households in the
1.24municipality, this appropriation is also for the local share of the project.
2.1 Subd. 2. Bond sale. To provide the money appropriated in this section from the
2.2bond proceeds fund, the commissioner of management and budget shall sell and issue
2.3bonds of the state in an amount up to $17,000,000 in the manner, upon the terms, and with
2.4the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
2.5Minnesota Constitution, article XI, sections 4 to 7.
2.6EFFECTIVE DATE.This section is effective the day following final enactment.
