The bill proposes an appropriation of $5,400,000 from the bond proceeds fund to the Public Facilities Authority for a grant to the city of Greenfield. This funding is designated for the design, construction, and equipping of improvements at the city's wastewater treatment facility, specifically aimed at rehabilitating and replacing aging and failing infrastructure to address safety concerns and ensure the facility's ongoing operations.

Additionally, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $5,400,000 to provide the necessary funds for this appropriation. The provisions for the bond sale will follow the guidelines set forth in Minnesota Statutes and the Minnesota Constitution. The bill will take effect the day after it is enacted.