HF 5332 Summary

• Appropriates $52,200,000 from bond proceeds to the commissioner of natural resources for flood hazard mitigation grants for publicly owned capital improvements under Minnesota Statutes section 103F.161

• Designates $14,710,000 specifically for flood mitigation and property acquisition projects in Moorhead, including the North Moorhead Project (Oakport area) and citywide protection gaps consistent with the Fargo-Moorhead metropolitan diversion project

• Requires levee projects to meet a state standard of three feet above the 100-year flood elevation, with project priorities determined by the commissioner based on need and available federal, state, and local funding leverage

• Allows unspent appropriations from Moorhead projects to be granted to the Moorhead-Clay County Joint Powers Authority for Fargo-Moorhead metropolitan diversion project components in Clay and Wilkin Counties after written notice to the commissioner of management and budget

• Authorizes the commissioner of management and budget to sell and issue state bonds up to $52,200,000 according to Minnesota Statutes sections 16A.631 to 16A.675 and Minnesota Constitution article XI, sections 4 to 7, effective the day following final enactment