The bill proposes a capital investment for the city of Fridley, specifically for the extension of 57th Avenue NE and the construction of a bridge over the BNSF Northtown Yard. It appropriates $6,000,000 from the bond proceeds fund to the commissioner of transportation to facilitate the predesign, design, and engineering of this project, which is expected to leverage an additional $24,000,000 in federal funding.

Additionally, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to $6,000,000 to provide the necessary funding for the project. The provisions outlined in the bill will take effect the day following its final enactment.