MN SF3988

$30,000,000 appropriated from bond proceeds fund to the commissioner of natural resources for state share of flood hazard mitigation grants for publicly owned capital improvements under Minnesota Statutes, section 103F.161.

Levee projects shall meet state standard of three feet above the 100-year flood elevation to the extent practical.

Commissioner determines project priorities based on need and leveraging of federal, state, and local funds.

Funds designated for specific county and municipal projects including Afton, Austin, Golden Valley, Halstad, Hendrum, Montevideo, Newfolden, Nielsville, Moorhead, and Rushford; and eight named watershed districts.

Commissioner may reallocate unexpended funds from projects not ready to proceed or lacking nonstate match to priority projects; state covers local share if municipal project cost exceeds two percent of median household income multiplied by number of households.

Commissioner of management and budget authorized to sell and issue up to $30,000,000 in state bonds to provide appropriated funds.