The bill proposes an appropriation of $15,000,000 from the bond proceeds fund to the commissioner of employment and economic development for a grant to the city of Minnetonka. This funding is designated for the acquisition of property and for the predesign, design, construction, and equipping of improvements at The Marsh facility. The improvements will include necessary renovations such as interior construction with ADA accessibility upgrades, energy-efficient mechanical systems, and safety designs. Additionally, the appropriation will cover exterior improvements, including structural repairs and enhancements to natural resources to protect the environment.

To finance this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $15,000,000, following the procedures outlined in Minnesota Statutes and the Minnesota Constitution. The bill specifies that it will take effect the day after its final enactment.