Floodwood water and sewer infrastructure bond issue and appropriation

This bill appropriates $1.5 million from state bond proceeds to fund water and sewer infrastructure improvements in the city of Floodwood, specifically along County Road 832 (Floodwood Road). The funds will cover design and construction of capital upgrades, including replacing water and sewer mains and reconstructing streets to support business and residential development. The state will issue up to $1.5 million in bonds under Minnesota law to provide this funding, with the Public Facilities Authority administering the grant to Floodwood. The bill directly affects Floodwood residents and local infrastructure by addressing aging systems in a specific corridor. It becomes effective the day after final enactment.