This bill (H.F. No. 1743) is a capital investment measure related to infrastructure improvements in the city of Lake Lillian, Minnesota. It appropriates $3,500,000 from the state's bond proceeds fund to the Public Facilities Authority for a grant to Lake Lillian. The funds will be used to design, construct, and equip the replacement of aging municipal infrastructure, including improvements to the water distribution system, sanitary sewer system, storm sewer system, and city street reconstruction.

Additionally, the bill authorizes the sale and issuance of state bonds to finance the appropriation. The bonds will be issued by the commissioner of management and budget under the provisions outlined in Minnesota Statutes and the state constitution. This appropriation is in addition to a previous allocation made in Laws 2023, Chapter 72, Article 2, Section 10, Subdivision 9.