The bill proposes an appropriation of $22,000,000 from the bond proceeds fund to the commissioner of employment and economic development for a grant to the city of Chanhassen. This funding is designated for the design, construction, furnishing, and equipping of the Chanhassen Bluffs Sports Complex, which will serve as a regional recreation, community, and event center. The facility will include features such as two sheets of indoor ice, a walking track, indoor turf, an indoor playground, gathering spaces, meeting rooms, and other amenities. Additionally, the city is required to implement a fee schedule that offers free or reduced admission rates for Chanhassen residents. The design of the facility must also incorporate rainwater recapture and solar energy infrastructure, adhering to sustainable building guidelines.

To finance this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $22,000,000, following the procedures outlined in Minnesota Statutes and the state constitution. The effective date of this section will be the day following its final enactment.