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MN SF5411

MN SF5411
Moorhead, Clay County and Wilkin County flood hazard mitigation bond issue and appropriation


summary

Introduced
04/11/2024
In Committee
04/11/2024
Crossed Over
Passed
Dead
05/20/2024

Introduced Session

93rd Legislature 2023-2024

Bill Summary

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

AI Summary

This bill appropriates $52.2 million from the bond proceeds fund to the Commissioner of Natural Resources for flood hazard mitigation grants for publicly owned capital improvements in the city of Moorhead, Clay County, and Wilkin County. The bill authorizes the Commissioner of Management and Budget to sell and issue state bonds to provide the appropriated funds. It also includes provisions related to project priorities, the local share of project costs, and the use of any remaining funds for the Fargo-Moorhead metropolitan diversion project.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred to Capital Investment (on 04/11/2024)

bill text


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