Loretto; stormwater pond improvements funding provided, bonds issued, and money appropriated.

This bill appropriates $500,000 from state bond proceeds to fund stormwater pond improvements in Loretto, Minnesota. The funds will support the city's capital projects to improve water quality, including predesign, engineering, dredging, and sediment removal from stormwater ponds. The state will issue up to $500,000 in bonds to cover this cost, following Minnesota's bond authorization laws. The direct recipient is the city of Loretto, which will use the grant for specific infrastructure upgrades to manage stormwater.