The bill proposes an appropriation of $6,000,000 from the bond proceeds fund to the commissioner of transportation for a grant to the city of Freeport. This funding is designated for the reconstruction of the intersection of marked Interstate Highway 94 and 1st Avenue, which includes costs for preliminary and final design, engineering, permitting, demolition of an existing bridge, and construction of a new interchange. Additionally, the appropriation covers necessary infrastructure improvements such as pedestrian safety, public utilities, and stormwater management, and is exempt from certain statutory requirements.

To finance this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $6,000,000, following the procedures outlined in Minnesota Statutes and the Minnesota Constitution. The effective date of this section is set for the day following its final enactment.