The bill appropriates $6,962,000 from the bond proceeds fund to the Public Facilities Authority for a grant to the city of Newport. This funding is designated for the acquisition of right-of-way and for the predesign, design, and construction of water, sanitary sewer, and storm sewer system infrastructure, as well as the reconstruction of affected streets within a specified project area in Newport. The project area includes specific streets such as 3rd Avenue, 2nd Avenue, 17th Street, and 15th Street.

To finance this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $6,962,000, following the procedures outlined in Minnesota Statutes and the Minnesota Constitution. The effective date of this section is set for the day following its final enactment.