The bill proposes an appropriation of $10,500,000 from the bond proceeds fund to the commissioner of employment and economic development for a grant to the city of Edina. This funding is designated for capital improvements at the Edina Aquatic Center, which includes significant projects aimed at preserving or replacing mechanical and electrical systems, upgrading utility infrastructure, and making site renovations to enhance ongoing operations, particularly focusing on energy conservation improvements.

Additionally, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $10,500,000 to finance the appropriated funds. The provisions for the bond sale will adhere to the guidelines set forth in Minnesota Statutes and the Minnesota Constitution. The effective date of this section will be the day following its final enactment.