The bill appropriates $20,000,000 from the bond proceeds fund to the Public Facilities Authority for flood mitigation projects in North Minneapolis, specifically targeting the Cleveland neighborhood. The funds will be used to design, construct, and equip improvements to the aging municipal stormwater infrastructure, which is essential to prevent recurring flooding in the area, particularly along 34th, 35th, and Washburn Avenues. Additionally, the appropriation includes funding for associated street reconstruction.

To finance this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $20,000,000, following the procedures outlined in Minnesota Statutes and the state constitution. The effective date of this section will be the day after the bill is enacted.