The bill proposes an appropriation of $1,750,000 from the bond proceeds account to the Public Facilities Authority for the city of Red Wing. This funding is designated for a grant aimed at designing and constructing improvements to the city's drinking water system, specifically at Sorin's Bluff Reservoir. The improvements include renovating the existing concrete water storage facility, demolishing an outdated water booster station, and constructing a new water booster station.

To facilitate this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $1,750,000. The bond issuance will be conducted in accordance with the relevant Minnesota Statutes and the Minnesota Constitution. The provisions of this bill will take effect the day following its final enactment.