The bill proposes an appropriation of $6,744,000 from the bond proceeds fund to the Public Facilities Authority for the city of Alpha. This funding is designated for the design, construction, and equipping of various municipal infrastructure improvements, which include enhancements to the city's wastewater treatment facility, water treatment facilities, and the reconstruction of streets, sidewalks, curb, and gutter associated with these projects.
Additionally, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $6,744,000 to finance the appropriated funds. 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 after it is enacted.