This bill appropriates $5,130,000 from the bond proceeds fund to the commissioner of transportation for a grant to the city of Lanesboro. The funds are designated for the design, engineering, and construction of water and sewer infrastructure improvements that are associated with the reconstruction of marked Trunk Highway 250 in Lanesboro.
To finance this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $5,130,000, following the procedures outlined in Minnesota Statutes and the Minnesota Constitution. The effective date of this section is set for the day following its final enactment.