The bill proposes an appropriation of $2,000,000 from the bond proceeds account in the state transportation fund to the commissioner of transportation for the city of Hendrum. This funding is designated for local road improvements, which include paving gravel streets, rehabilitating asphalt, and reconstructing damaged roads.
To facilitate this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $2,000,000, following the procedures outlined in Minnesota Statutes and the Minnesota Constitution. The bill also states that it will take effect the day after it is enacted.