Loretto; water and sewer infrastructure improvements funding provided, bonds issued, and money appropriated.

This bill appropriates $2.7 million from state bond proceeds to fund infrastructure upgrades in Loretto, Minnesota. It directly affects the city of Loretto and its residents by financing the replacement of aging water pipes, sewer systems, stormwater infrastructure, and associated street repairs. The state will issue bonds to cover the cost, with funds managed through the Public Facilities Authority for the city's use. The bill does not create new taxes or regulations, but provides specific funding for physical infrastructure improvements.