Silver Bay; water infrastructure improvements funding provided, bonds issued, and money appropriated.

This bill authorizes the state to provide $1,070,000 in funding to the city of Silver Bay for water infrastructure improvements. The money will be used to design, build, and equip new pressure reducing valve stations and related water distribution systems to address safety and operational issues. The state will issue bonds to raise the necessary funds, which will then be transferred to the Public Facilities Authority for distribution to the city. The legislation takes effect immediately upon final passage by the legislature.