Moorhead and Buffalo-Red River Watershed District flood mitigation bond issue and appropriation

This bill appropriates $60.4 million from state bond proceeds to fund flood mitigation projects in Moorhead, Clay County, and the Buffalo-Red River Watershed District. The funds cover both the state share and local share (when project costs exceed 2% of median household income multiplied by local households) for publicly owned flood prevention infrastructure under state law. The money is raised by issuing state bonds, following standard bond procedures for capital investments. This directly supports local governments and districts working to reduce flood damage risks in these specific areas.