The bill proposes an appropriation of $6,400,000 from the bond proceeds fund to the Public Facilities Authority for a grant to the city of Hanley Falls. This funding is designated for the design, construction, and equipping of improvements to the city's aging water and sewer infrastructure, as well as the reconstruction of city streets. The improvements will specifically address the water distribution system, sanitary sewer system, and storm sewer system infrastructure.

To facilitate this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $6,400,000, following the procedures outlined in Minnesota Statutes and the state constitution. The effective date of this section will be the day following its final enactment.