This bill appropriates $2,500,000 from the bond proceeds fund to the commissioner of employment and economic development for a grant to the city of Virginia. The funds are designated for the design, construction, and equipping of improvements to the city hall building, which includes upgrades to the HVAC system, window replacements, and other capital improvements.

To finance this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $2,500,000, following the procedures outlined in Minnesota Statutes and the state constitution. The bill specifies that it will take effect the day after it is enacted.