This bill appropriates $11,950,000 from the bond proceeds fund to the commissioner of natural resources for a grant to the city of Anoka aimed at making capital improvements to the Rum River Dam. The funding will be used for various enhancements, including operational and safety upgrades, improvements to support hydroelectric power generation and river surfing, and modifications to the existing spillway, which may involve creating a lock or incorporating 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 bill specifies that it will take effect the day after it is enacted.