The bill appropriates $4,000,000 from the bond proceeds fund to the Public Facilities Authority for a grant to the city of Russell. This funding is designated for the design, construction, and equipping of improvements to aging and failing municipal infrastructure, specifically targeting the water distribution system, sanitary sewer system, storm sewer system, and the reconstruction of city streets.

Additionally, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $4,000,000 to provide the necessary funds for the appropriation. The provisions for the bond sale will follow the guidelines set forth in Minnesota Statutes and the Minnesota Constitution. The effective date of this section is the day following its final enactment.