The bill proposes a capital investment for infrastructure improvements in the city of St. Louis Park, specifically targeting Louisiana Avenue South and Oxford Street. It appropriates $6,913,000 from the bond proceeds account in the state transportation fund to the city for various enhancements, including property acquisition, design, construction, and equipping of roadways and related facilities. The improvements will encompass bikeways, sidewalks, bridge repairs, water and sewer facility upgrades, and other street reconstruction elements such as streetlights and roundabouts. The funds will be available once the commissioner of management and budget confirms that sufficient resources are committed to complete the project.

Additionally, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount appropriated to finance these improvements, following the guidelines set forth in Minnesota Statutes and the Minnesota Constitution. The effective date of this section is the day following its final enactment.