This bill appropriates $21,500,000 from the bond proceeds fund to the Public Facilities Authority for the city of St. Peter. The funds are designated for the predesign, design, construction, and equipping of improvements to the aging and failing infrastructure at the city's existing water treatment facility.

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