This bill appropriates $3,600,000 from the bond proceeds fund to the Public Facilities Authority for a grant to the city of Revere. The funds are designated for the design, construction, and equipping of improvements to the city's aging storm sewer infrastructure and street reconstruction.

To facilitate this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $3,600,000, following the procedures outlined in Minnesota Statutes and the state constitution. The provisions of this bill will take effect the day after it is enacted.