The bill proposes an appropriation of $3,500,000 from the bond proceeds fund to the commissioner of employment and economic development for a grant to the city of Sturgeon Lake. This funding is designated for the purchase of land, predesign, design, construction, furnishing, and equipping of a new municipal building that will serve as both a city hall and fire station. Notably, this appropriation does not require a nonstate match, making it a direct financial support for the city's infrastructure development.

Additionally, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $3,500,000 to provide the necessary funds for this project. The bond sale will be conducted in accordance with existing Minnesota statutes and constitutional provisions. The effective date of this section is set for the day following its final enactment, ensuring prompt action on the funding and construction of the new facilities.