The bill proposes an appropriation of $3,150,000 from the bond proceeds fund to the commissioner of employment and economic development for a grant to the city of St. Cloud. This funding is designated for the design, engineering, construction, and equipping of the St. Cloud Mississippi Riverwalk Connection Project. The project includes various improvements such as grading, trail and pathway construction, pedestrian crossings, lighting, landscaping, riverbank stabilization, shoreline restoration, utility work, and other related public infrastructure enhancements.
Additionally, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $3,150,000 to provide the necessary funding for the project. The bond sale 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.