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 public infrastructure improvements, specifically targeting the replacement of aging water distribution, storm sewer, and sanitary sewer systems, as well as the reconstruction of streets 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 is set for the day following its final enactment.