The bill proposes an appropriation of $3,000,000 from the bond proceeds fund to the commissioner of employment and economic development for a grant to the city of Inver Grove Heights. This funding is designated for capital improvements to Heritage Village Park, which will include the design, construction, furnishing, and equipping of various enhancements such as an amphitheater, open-air picnic shelters, a restroom building with storage, parking lot expansion, landscaping, and related park amenities.

Additionally, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $3,000,000 to finance the appropriated funds. The provisions for the bond sale will adhere to the guidelines set forth in Minnesota Statutes and the Minnesota Constitution. The effective date of this section will be the day following its final enactment.