The bill proposes an appropriation of $5,500,000 from the bond proceeds fund to the Public Facilities Authority for the city of Keewatin. This funding is designated for the design, construction, reconstruction, and equipping of essential public infrastructure improvements, specifically targeting the replacement and rehabilitation of water mains, sanitary sewers, storm sewers, and street infrastructure throughout the city.

To facilitate this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $5,500,000. The issuance of these bonds will be conducted in accordance with the relevant Minnesota Statutes and the state constitution. The provisions of this bill will take effect the day following its final enactment.