The bill proposes an appropriation of $24,796,000 from the bond proceeds fund to the commissioner of employment and economic development for a grant to the city of Stillwater. This funding is designated for the predesign, design, construction, renovation, furnishing, and equipping of the St. Croix Valley Recreation Center. The improvements will include renovations and expansions of locker rooms, lobby space, and common areas, as well as stormwater and parking improvements, and the addition of a regional curling center facility.

To finance this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $24,796,000, following the procedures outlined in Minnesota Statutes and the Minnesota Constitution. The effective date of this section will be the day following its final enactment.