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 nonstate resources have been committed to complete the project.

Additionally, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $17,000,000 to provide the necessary funds. The bond issuance will follow the procedures outlined in Minnesota Statutes and the Minnesota Constitution. The provisions of this bill will take effect the day after it is enacted.