The bill proposes an appropriation of $5,700,000 from the bond proceeds fund to the Public Facilities Authority for the city of St. Joseph. This funding is designated for acquiring property and for the predesign, design, construction, and equipping of improvements to expand the city's wastewater collection system and related infrastructure, aimed at supporting economic development and workforce housing.

Additionally, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the same amount of $5,700,000 to provide the necessary funds. The provisions for the bond sale will follow the guidelines set forth in Minnesota Statutes and the Minnesota Constitution. The effective date of this section will be the day following its final enactment.