City of Rice Lake sewer and water infrastructure appropriation and bond issuance authorization

This bill authorizes the state to provide $3.8 million in funding to the city of Rice Lake for upgrading its sewer and water systems. The money will be used to extend water lines along Martin Road, add new sewer and water infrastructure along a frontage road, and improve sewer lines near the intersection of Martin and Rice Lake Roads. To pay for this project, the state will issue up to $3.8 million in bonds, which will be repaid over time through the bond proceeds fund. The legislation takes effect immediately after it is passed by the legislature.