The bill proposes an appropriation of $17,000,000 from the bond proceeds fund to the commissioner of transportation for a grant to the city of Minneapolis. This funding is designated for the repair, renovation, and construction of the Nicollet Avenue Bridge over Minnehaha Creek. The appropriation will be available once the commissioner of management and budget confirms that sufficient resources from nonstate sources have been committed to complete the project.

To finance this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $17,000,000. The sale and issuance of these bonds will be conducted in accordance with the relevant Minnesota Statutes and the Minnesota Constitution. The bill also states that it will take effect the day following its final enactment.