The bill appropriates $750,000 from the bond proceeds account in the state transportation fund to the commissioner of transportation for local road improvements in the city of Watertown. This funding is designated for the predesign, design, and construction of enhancements to the Fremont Street and Lewis Avenue corridors, which will include improvements for ADA accessibility and other related public infrastructure.

To facilitate this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $750,000. The bond issuance will be conducted in accordance with the relevant Minnesota Statutes and the Minnesota Constitution. The provisions of this bill will take effect the day following its final enactment.