This bill appropriates $10,000,000 from the bond proceeds fund to the Public Facilities Authority for the city of Hermantown. The funds are designated for the predesign, design, construction, and equipping of improvements to aging and failing water, sewer, and utility infrastructure, specifically in the southwest corner of the city. This includes enhancements to drinking water, sanitary sewer, and storm sewer systems.

Additionally, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $10,000,000 to finance the appropriated funds. The bond issuance will follow the guidelines set forth in Minnesota Statutes and the Minnesota Constitution. The provisions of this bill will take effect the day after it is enacted.