The bill proposes capital investment for improvements at the Centennial Office Building and Freeman Building sites in Minnesota, with a focus on preparing these locations for future redevelopment. It appropriates $12,500,000 from the bond proceeds fund to the commissioner of administration for Phase 1 improvements at the Centennial Office Building site, which includes design, demolition, and site preparation work. Additionally, it allocates $1,500,000 from the general fund for necessary modifications in the Freeman Office Building to facilitate the relocation of the cellular Distributed Antenna System and associated fiber optic infrastructure.

To fund these appropriations, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to $12,500,000, following the guidelines set forth in Minnesota Statutes and the state constitution. The provisions of this bill will take effect the day after it is enacted.