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MN SF1111

MN SF1111
Moorhead flood hazard mitigation bond issue and appropriation


summary

Introduced
02/17/2021
In Committee
02/17/2021
Crossed Over
Passed
Dead
05/23/2022

Introduced Session

92nd Legislature 2021-2022

Bill Summary

A bill for an act relating to capital investment; appropriating money for flood hazard mitigation in Moorhead; authorizing the sale and issuance of state bonds.

AI Summary

This bill appropriates $17,500,000 from the bond proceeds fund to the Minnesota Department of Natural Resources for flood hazard mitigation grants to the city of Moorhead. The grants will be used for publicly owned capital improvements to prevent or alleviate flood damage, with a focus on meeting the state's standard of three feet above the 100-year flood elevation. The bill also authorizes the Commissioner of Management and Budget to sell and issue state bonds to provide the appropriated funds.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred to Capital Investment (on 02/17/2021)

bill text


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