This bill appropriates $5,000,000 from the bond proceeds fund to the Public Facilities Authority for a grant to the East Range Water Board. The funds are designated for the acquisition of property and the construction, furnishing, and equipping of a new drinking water system that will serve the East Range Water System and its member communities.

Additionally, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $5,000,000 to provide the necessary funding. The bond sale will be conducted in accordance with existing Minnesota statutes and constitutional provisions. The effective date of this section is set for the day following its final enactment.