The bill proposes an appropriation of $2,500,000 from the bond proceeds fund to the commissioner of transportation for the reconstruction of 34th Street in the city of Slayton, specifically from Juniper Avenue to 160th Avenue. This funding is intended to cover the costs associated with predesign, design, engineering, construction, and equipping of the street reconstruction project.

Additionally, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $2,500,000 to finance the appropriation. The bond issuance will be conducted in accordance with the relevant Minnesota Statutes and the state constitution. The provisions of this bill will take effect the day following its final enactment.