The bill appropriates $2,100,000 from the bond proceeds fund to the commissioner of employment and economic development for a grant to the city of Spicer. This funding is designated for the design, construction, and equipping of publicly owned infrastructure, which includes a new lift station and improvements to sewer, water, and roadways in the County Road 8 area of Spicer. The aim of this investment is to promote economic growth and development in the region.

To facilitate this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $2,100,000. The process for the bond sale will adhere to the guidelines set forth in Minnesota Statutes and the Minnesota Constitution. The provisions of this bill will take effect the day after it is enacted.