The bill proposes an appropriation of $5,700,000 from the bond proceeds fund to the Public Facilities Authority for the city of Tonka Bay. This funding is designated for the design, construction, and equipping of essential improvements to aging municipal infrastructure, specifically targeting water distribution, storm sewer, and sanitary sewer systems, as well as street reconstruction in the Lakeview and Wildhurst neighborhoods.

To facilitate this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $5,700,000, following the procedures outlined in Minnesota Statutes and the state constitution. The effective date of this section will be the day after the bill is enacted.