Minnesota SF904 appropriates $1.5 million for flood hazard mitigation in Area II of the Minnesota River Basin.
Minnesota SF904 allocates $1.5 million from the bond proceeds fund to the Board of Water and Soil Resources for a grant to prevent or alleviate flood damage in Area II of the Minnesota River Basin. The appropriation is contingent on the board confirming that nonstate sources have committed $1 for every $3 of state grant. The commissioner of management and budget is authorized to sell and issue state bonds up to $1.5 million to fund this appropriation, in accordance with Minnesota Statutes and the state constitution.
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