This bill appropriates $12,800,000 from the bond proceeds fund to the Public Facilities Authority for a grant to the city of Credit River. The funds are designated for the design, construction, and equipping of municipal sanitary sewer and water infrastructure specifically serving the County Court neighborhood.

To finance this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $12,800,000, following the procedures outlined in Minnesota Statutes and the Minnesota Constitution. The provisions of this bill will take effect the day after it is enacted.