SF2204

Purpose

• The bill requests funding to improve the Coon Rapids Dam on the Mississippi River. It aims to upgrade the dam’s structure, safety, and operations.

Main Provisions

• Appropriation: $7,084,000 is allocated from the bond proceeds fund to the commissioner of natural resources as a grant to the Three Rivers Park District. The money is for designing, engineering, and constructing capital improvements to the dam to enhance its integrity, safety, and how it operates.
• Bond Financing: The state will issue bonds of up to $7,084,000 to cover this appropriation. The bond sale must follow specific state laws and the state constitution's requirements.

Funding Details

• Source: Bond proceeds fund.
• Recipient: Three Rivers Park District.
• Use: Design, engineering, and construction of improvements and betterments to the Coon Rapids Dam.

Implementation Context

• Governing Rules: The bond sale and related financial terms must comply with Minnesota Statutes sections 16A.631 to 16A.675 and Minnesota Constitution Article XI, sections 4 to 7.
• Related Statutes: The grant is described in connection with Minnesota Statutes sections 103G.511 and 103G.515.

Affected Parties

• Primary recipient: Three Rivers Park District.
• Overseers: Minnesota Department of Natural Resources (grant recipient administrator) and the Commissioner of Management and Budget (bond issuance).

Significant Changes to Law

• Creates a new appropriation and authorizes the issuance of state bonds specifically for Coon Rapids Dam improvements. It relies on existing bonding processes and statutes; it does not (based on the excerpt) modify those laws but uses them to authorize this project funding.

Local Context

• Location: Coon Rapids Dam, located on the Mississippi River.
• Purpose alignment: Improvements aim to strengthen structural integrity, safety, and operational capability of the dam.

Relevant Terms - Coon Rapids Dam - Mississippi River - Three Rivers Park District - appropriation - grant - bond proceeds fund - design - engineer - construct - improvements - capital nature - structural integrity - safety - operational capabilities - bond sale - management and budget - Minnesota Statutes 16A.631 to 16A.675 - Minnesota Constitution Article XI (sections 4 to 7) - Minnesota Statutes 103G.511 and 103G.515