Bill Text: MN SF835 | 2013-2014 | 88th Legislature | Introduced
Bill Title: Montevideo levee reconstruction flood hazard mitigation grant bond issue and appropriation
Sponsorship: Bipartisan Bill
Status: (Introduced - Dead) 2013-02-28 - Referred to Finance [SF835 Detail]
Download: Minnesota-2013-SF835-Introduced.html
1.2relating to capital improvements; appropriating money to design and reconstruct
1.3a levee in the city of Montevideo; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. CITY OF MONTEVIDEO LEVEE RECONSTRUCTION.
1.6 Subdivision 1. Appropriation. $3,500,000 is appropriated from the bond proceeds
1.7fund to the commissioner of natural resources for a flood hazard mitigation grant to the
1.8city of Montevideo for publicly owned capital improvements to prevent or alleviate flood
1.9damage under Minnesota Statutes, section 103F.161. This appropriation may be used for
1.10design and reconstruction of the levee built in 1969.
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 $3,500,000 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.
1.3a levee in the city of Montevideo; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. CITY OF MONTEVIDEO LEVEE RECONSTRUCTION.
1.6 Subdivision 1. Appropriation. $3,500,000 is appropriated from the bond proceeds
1.7fund to the commissioner of natural resources for a flood hazard mitigation grant to the
1.8city of Montevideo for publicly owned capital improvements to prevent or alleviate flood
1.9damage under Minnesota Statutes, section 103F.161. This appropriation may be used for
1.10design and reconstruction of the levee built in 1969.
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 $3,500,000 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.
