The bill proposes a capital investment aimed at improving infrastructure in the city of Fulda, Minnesota. It appropriates $17,000,000 from the bond proceeds fund to the Public Facilities Authority for a grant to the city. This funding will be used for the design and construction of various infrastructure improvements, including upgrades and replacements of sanitary sewer, stormwater, and drinking water systems, as well as enhancements to the city's wastewater treatment facility 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 guidelines set forth in Minnesota Statutes and the state constitution. The effective date of this section will be the day following its final enactment.