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.

To facilitate this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $2,500,000, following the procedures outlined in Minnesota Statutes and the Minnesota Constitution. The bill also specifies that it will take effect the day after it is enacted.