The bill proposes an appropriation of $5,200,000 from the bond proceeds fund to the commissioner of employment and economic development for the city of Hibbing. This funding is designated for the design, construction, furnishing, and equipping of improvements and amenities at the Carey Lake Recreation Area. The improvements will enhance recreational opportunities and include upgrades to the beach area, campground, park roads, and the creation of new ski, bike, and multipurpose trails, along with other site enhancements.

To finance this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $5,200,000, following the procedures outlined in Minnesota Statutes and the Minnesota Constitution. The effective date of this section is set for the day following its final enactment.