Bill > HF1414

This bill appropriates $17.5 million from the bond proceeds fund to the Commissioner 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 continuing flood mitigation and acquiring flood-prone properties to address the North Moorhead Project (Oakport area) and gaps in city-wide protection. The bill also authorizes the Commissioner of Management and Budget to sell and issue bonds of the state in an amount up to $17.5 million to provide the appropriated funds.