The bill proposes an appropriation of $1,300,000 from the bond proceeds fund to the commissioner of employment and economic development for the purpose of designing, engineering, constructing, furnishing, and equipping a playground in Gorman Park, located in the city of St. Peter. This funding will also cover associated improvements such as shade structures and sidewalks.

To finance this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $1,300,000, following the procedures outlined in Minnesota Statutes and the Minnesota Constitution. The bill specifies that it will take effect the day after it is enacted.