This bill appropriates $6,419,000 from the bond proceeds fund to the commissioner of employment and economic development for a grant to the city of East Grand Forks. The funds are designated for designing and constructing improvements to municipal infrastructure that will support the city's industrial park, located south of U.S. Highway 2 and east of 5th Avenue Northeast. The improvements include the replacement and repair of streets and utilities.

Additionally, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $6,419,000 to provide the necessary funding. The bond sale will be conducted in accordance with Minnesota Statutes and the Minnesota Constitution. The provisions of this bill will take effect the day following its final enactment.