61-02.1 Flood Control or Reduction Projects
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<![CDATA[CHAPTER 61-02.1FLOOD CONTROL OR REDUCTION PROJECTS61-02.1-01. Legislative findings and intent - Authority to issue bonds.1.The legislative assembly finds that some cities suffered serious economic and social<br>injuries due to the major flood disaster in 1997 and other recent floods and are at<br>significant risk for future flooding; that construction of flood control or reduction<br>projects is necessary for the protection of health, property, and enterprises and for<br>the promotion of prosperity and the general welfare of the people of the state; and<br>that construction of any such projects involves and requires the exercise of the<br>sovereign powers of the state and concerns a public purpose.Therefore, it isdeclared necessary and in the public interest that the state by and through the state<br>water commission assist in financing the costs of constructing flood control or<br>reduction projects through the issuance of bonds.2.The legislative assembly finds that continued construction of the southwest pipeline<br>project is necessary for the protection of health, property, and enterprises and for the<br>promotion of prosperity and the general welfare of the people of the state and that<br>continued construction of the southwest pipeline project involves and requires the<br>exercise of the sovereign powers of the state and concerns a public purpose. The<br>legislative assembly also finds that current funding for the southwest pipeline project<br>has become uncertain, and therefore, it is declared necessary and in the public<br>interest that the state by and through the state water commission assist in financing<br>the costs of continued construction of the southwest pipeline project through the<br>issuance of bonds.3.The legislative assembly finds that the Devils Lake basin is suffering and facing a<br>worsening flood disaster; that construction of an outlet from Devils Lake is necessary<br>for the protection of health, property, and enterprises and for the promotion of<br>prosperity and the general welfare of the people of the state; and that construction of<br>the outlet involves and requires the exercise of the sovereign powers of the state<br>and concerns a public purpose. Therefore, it is declared necessary and in the public<br>interest that an outlet from Devils Lake be constructed with financing from the state<br>water commission to provide flood relief to the Devils Lake basin.4.The legislative assembly finds that there is a critical need to develop a<br>comprehensive statewide water development program to serve the long-term water<br>resource needs of the state and its people and to protect the state's current usage<br>of, and the state's claim to, its proper share of Missouri River water.5.In furtherance of the public purpose set forth in subsection 1, the state water<br>commission may issue bonds under chapter 61-02 and the proceeds are<br>appropriated for flood control projects authorized and funded in part by the federal<br>government and designed to provide permanent flood control or reduction to cities<br>that suffered severe damages as a result of the 1997 flood or other recent floods<br>and to repay the line of credit extended to the state water commission under<br>S.L. 1999, ch. 535, </p>
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