This bill appropriates $7,000,000 from the bond proceeds fund to the Public Facilities Authority for a grant to the city of Pine City. The funds are designated for the design and construction of renovations to the city's wastewater treatment pond system, which includes repairs to pond riprap, aeration improvements, repairs to the pond outfall line, and the installation of a new pond liner.

To finance this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $7,000,000, following the procedures outlined in Minnesota Statutes and the Minnesota Constitution. The bill also specifies that it will take effect the day after it is enacted.