The bill proposes an appropriation of $1,800,000 from the bond proceeds fund to the Public Facilities Authority for the city of Kensington. This funding is designated for the design, construction, and equipping of new municipal infrastructure, which includes a new water distribution system, sanitary sewer system, storm sewer system, and the construction of city streets for the Green Acres Development.

To facilitate this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $1,800,000, following the guidelines set forth in Minnesota Statutes and the Minnesota Constitution. The bill also states that it will take effect the day after it is enacted.