The bill proposes an appropriation of $5,947,000 from the bond proceeds fund to the Public Facilities Authority for the city of Red Lake Falls. This funding is designated for the predesign, design, construction, and equipping of municipal infrastructure, specifically targeting upgrades to the city's sanitary sewer and storm sewer systems, as well as the repair and reconstruction of city streets, including sidewalks, curbs, and gutters.

To facilitate this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $5,947,000, following the procedures outlined in Minnesota Statutes and the Minnesota Constitution. The effective date of this section is set for the day following its final enactment.