This bill proposes a capital investment for infrastructure improvements in the city of Fulda, Minnesota. It allocates $17,000,000 from state bond proceeds to the Public Facilities Authority, which will provide a grant to Fulda for the design, construction, and upgrades of the city's sanitary sewer, stormwater, and drinking water infrastructure. The project includes improvements to the wastewater treatment facility, water treatment and distribution systems, stormwater collection, and related street reconstruction.

To fund this appropriation, the commissioner of management and budget is authorized to sell and issue state bonds up to $17,000,000 in accordance with Minnesota statutes and the state constitution.