The bill proposes a capital investment for infrastructure improvements in the city of Fulda, Minnesota, by appropriating $17,000,000 from the bond proceeds fund. This funding is designated for a grant to the Public Facilities Authority to support the design and construction of essential upgrades and replacements for the city's sanitary sewer, stormwater, and drinking water infrastructure. The improvements will include enhancements to the wastewater treatment facility, drinking water treatment and distribution systems, stormwater collection systems, and associated street reconstruction.

To finance this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $17,000,000, following the procedures outlined in Minnesota Statutes and the state constitution. The effective date of this section will be the day following its final enactment.