The bill proposes an appropriation of $12,360,000 from the bond proceeds fund to the Public Facilities Authority for a grant to the city of Minneapolis. This funding is designated for the installation of a structural liner along 2.6 miles of the 36-inch water main located under Second Street North and Washington Avenue North. The appropriation will be available once the commissioner of management and budget confirms that sufficient nonstate resources have been committed to complete the project.

Additionally, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $12,360,000 to provide the necessary funds. The bond sale 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.