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 sale and issuance of state bonds up to $6,000,000 to provide the necessary funding for the project, in accordance with specified Minnesota statutes and constitutional provisions. The effective date of this section is set for the day following its final enactment.