The bill appropriates $10,000,000 from the bond proceeds fund to the commissioner of transportation for a grant to the city of Richfield, Hennepin County, or both, to design and construct approximately 1.4 miles of roadway and related infrastructure on Nicollet Avenue. This includes the replacement of water, sanitary sewer, and storm sewer mains, as well as funding for predesign and the acquisition of necessary real property or easements. The appropriation is intended to support the local cost-share for the Nicollet Avenue reconstruction project in cooperation with Hennepin County.

To finance this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $10,000,000, following the procedures outlined in Minnesota Statutes and the Minnesota Constitution. The effective date of this section is the day following its final enactment.