Bill Text: MN SF738 | 2013-2014 | 88th Legislature | Introduced
Bill Title: South St. Paul Seidl's Lake flood mitigation grant bond issue and appropriation
Sponsorship: Partisan Bill (Democrat 2)
Status: (Introduced - Dead) 2013-02-25 - Referred to Finance [SF738 Detail]
Download: Minnesota-2013-SF738-Introduced.html
1.2relating to capital improvements; appropriating money for the Seidl's Lake flood
1.3mitigation project; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. SEIDL'S LAKE FLOOD MITIGATION.
1.6$500,000 is appropriated from the bond proceeds fund to the commissioner of natural
1.7resources for a grant to the city of South St. Paul for predesign, design, and construction of
1.8a flood mitigation project to alleviate flooding of Seidl's Lake. This flood mitigation project
1.9may include natural drainage or a pumping system to ensure that the water surface level of
1.10Seidl's Lake is maintained at a normal elevation, or no flooding to the surrounding areas.
1.11The appropriation is not available until the commissioner determines that at least an
1.12equal amount has been committed to the project from nonstate sources.
1.13 Sec. 2. BOND SALE.
1.14To provide the money appropriated in section 1 from the bond proceeds fund, the
1.15commissioner of management and budget shall sell and issue bonds of the state in an
1.16amount up to $500,000 in the manner, upon the terms, and with the effect prescribed by
1.17Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota Constitution,
1.18article XI, sections 4 to 7.
1.19 Sec. 3. EFFECTIVE DATE.
1.20Sections 1 and 2 are effective the day following final enactment.
1.3mitigation project; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. SEIDL'S LAKE FLOOD MITIGATION.
1.6$500,000 is appropriated from the bond proceeds fund to the commissioner of natural
1.7resources for a grant to the city of South St. Paul for predesign, design, and construction of
1.8a flood mitigation project to alleviate flooding of Seidl's Lake. This flood mitigation project
1.9may include natural drainage or a pumping system to ensure that the water surface level of
1.10Seidl's Lake is maintained at a normal elevation, or no flooding to the surrounding areas.
1.11The appropriation is not available until the commissioner determines that at least an
1.12equal amount has been committed to the project from nonstate sources.
1.13 Sec. 2. BOND SALE.
1.14To provide the money appropriated in section 1 from the bond proceeds fund, the
1.15commissioner of management and budget shall sell and issue bonds of the state in an
1.16amount up to $500,000 in the manner, upon the terms, and with the effect prescribed by
1.17Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota Constitution,
1.18article XI, sections 4 to 7.
1.19 Sec. 3. EFFECTIVE DATE.
1.20Sections 1 and 2 are effective the day following final enactment.
