The bill proposes a capital investment for water and wastewater infrastructure improvements in the city of Lewisville, appropriating $10,000,000 from the bond proceeds fund to the Public Facilities Authority. This funding is designated for a grant to the city to cover costs associated with the design, engineering, construction, furnishing, and equipping of sewer, stormwater, and water tower refurbishment improvements, as well as the reconstruction of related roads and sidewalks. The appropriation will be available once the commissioner of management and budget confirms that sufficient funds 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 $10,000,000 to provide the necessary funding. 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.