This bill appropriates $3,000,000 from the bond proceeds fund to the Public Facilities Authority for a grant to the city of Dayton. The funds are designated for the acquisition of real property and the predesign, design, and construction of a new water tower, which aims to ensure adequate water storage and sufficient pressure for fire suppression for the residents of Dayton.

Additionally, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $3,000,000 to provide the necessary funding. The provisions for the bond sale will follow the guidelines set forth in Minnesota Statutes and the Minnesota Constitution. The bill will take effect the day after it is enacted.