This bill appropriates $4,000,000 from the bond proceeds fund to the commissioner of employment and economic development for a grant to the city of Virginia. The funds are designated for the design and reconstruction of 6th Avenue, which includes the relocation and upgrades of municipal water, sanitary sewer, and stormwater management infrastructure. This project aims to support the redevelopment of the decommissioned municipal steam plant site.

Additionally, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $4,000,000 to provide the necessary funding. The bond sale will be conducted in accordance with Minnesota Statutes and the Minnesota Constitution. The provisions of this bill will take effect the day following its final enactment.