The bill proposes an appropriation of $2,023,000 from the bond proceeds fund to the commissioner of transportation for the design and reconstruction of Myrtle Street in Stillwater, specifically from Owens Street to Main Street. This funding will cover the replacement of sidewalks, curbs, gutters, and other associated public infrastructure.

To finance this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $2,023,000, following the procedures outlined in Minnesota Statutes and the Minnesota Constitution. The bill will take effect the day after it is enacted.