The bill proposes an appropriation of $11,950,000 from the bond proceeds fund to the commissioner of natural resources for a grant to the city of Anoka. This funding is designated for capital improvements to the Rum River Dam, which includes enhancements for operation and safety, upgrades to support hydroelectric power generation and river surfing, and potential modifications to the existing spillway to either create a lock or incorporate a fish passage if a lock is deemed unfeasible.

To finance this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $11,950,000, following the procedures outlined in Minnesota Statutes and the Minnesota Constitution. The effective date of this section will be the day after the bill is enacted.