This bill appropriates $3,078,000 from the bond proceeds fund to the Public Facilities Authority for a grant to the city of Spring Park. The funds are designated for the design, engineering, construction, and equipping of municipal infrastructure improvements along Sunset Drive, specifically from Shoreline Drive to Shadywood Road. The improvements will include the enhancement or replacement of water and sewer infrastructure, street reconstruction, utility work, and the construction of a multiuse trail.
To finance this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $3,078,000, following the procedures outlined in Minnesota Statutes and the Minnesota Constitution. The bill also states that it will take effect the day after it is enacted.