The bill proposes an appropriation of $863,000 from the bond proceeds fund to the Public Facilities Authority for the city of Lake Benton. This funding is designated for the design, engineering, construction, and reconstruction of sanitary sewer, water, and storm sewer infrastructure along the U.S. Highway 75 corridor, coinciding with the highway's reconstruction efforts.
To facilitate this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $863,000, following the procedures outlined in Minnesota Statutes and the state constitution. The effective date of this section is set for the day following its final enactment.